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Passaic Commercial Space For Rent
For Lease
$7 SF/Yr

743 Main Ave, Passaic, NJ 07055

Commercial space available in downtown Passaic for various businesses.

Space SizeContact for details
Days on Market167

Property Features for 743 Main Ave

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $51,040

Amenities

Central air
Radiators - Hot Water Heating
Wall A/C Unit(s) Cooling

Building Details

Year Built 1930
Listing Agency: A W VANWINKLE & CO.
Listed By: DAMOUN YASHAR
Source: Corcoran
Added: Mar 18 Changed: Aug 27 Last Checked: Aug 30 at 8:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A W VANWINKLE & CO.

Investment Insights

Based on property information with market context.

Located in the downtown business district of Passaic, the entire 2nd floor is available for rent, offering over 7,000 square feet of commercial space. The rental rate is $7 per square foot. The owner is open to providing a tenant improvement allowance for the right business. The property features proximity to public parking and a wide private entrance. It is suitable for various businesses, including daycare centers and karate centers. The landlord provides cold water. The tenant is responsible for gas, electric, one-sixth of the annual tax, and base rent at $7 per square foot. The owner is also willing to make capital improvements for the right tenant.

Key Highlights

  • Significantly below‑market rent at $7 psf compared to nearby comps at $15 psf.
  • Large commercial space available: 7,000+ sqft.
  • Owner willing to provide tenant improvement allowance.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Pet Grooming Service Nursing Home Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,255
Businesses Nearby
257k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Shops & Services 31% Groceries 19% Apparel 11%
Superfresh Groceries
30,748 visits/mo 0.3 miles
McDonald's Dining
26,851 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
23,822 visits/mo 0.2 miles
C-Town Supermarkets Groceries
18,955 visits/mo 0.4 miles
Chase Bank Shops & Services
16,728 visits/mo 0.4 miles

Demographics for 07055, NJ

70,518
Population
21,019
Households
3.4
Avg Household Size
32
Median Age
17%
College-Educated
67%
High-School Grad
3.1 sq mi
ZIP Area
22,748
Density / Sq Mi
$56,780
Median Household Income
$30,935
Median Earnings
$1,392
Median Rent
$406,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space available in downtown Passaic for various businesses.
Where is this retail space located?
The property is located at 743 Main Ave Passaic, NJ.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Significantly below‑market rent at $7 psf compared to nearby comps at $15 psf.; Large commercial space available: 7,000+ sqft.; Owner willing to provide tenant improvement allowance.
More about this property
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