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    656 Main Ave Passaic, NJ 07055

    For Lease
    Contact for pricing

    7,833 SF Vacant Office in Passaic, NJ

    Lot size:
    31,335 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7,833 square foot executive office space, located at 656-662 Main Avenue in Passaic, New Jersey, presents a unique investment opportunity. The property, built in 1940, offers a single-tenant occupancy within a larger building totaling 31,335 square feet. The building's classification includes both retail and office space, making it versatile and adaptable to a variety of business needs. The property's strategic location at the corner of Main Avenue and Washington Place provides excellent visibility and accessibility. Its proximity to major transportation arteries, including Route 46, Route 21, Route 3, and the Garden State Parkway, ensures convenient commuting for employees and clients. The property is also conveniently situated near several bus lines, enhancing its accessibility for a diverse workforce. This vacant space offers a blank canvas for a business seeking to establish a prominent presence in a well-connected Passaic location. The property is located in Passaic County, New Jersey, with a zip code of 07055. This is a rare opportunity to acquire a substantial office space in a desirable location with excellent transportation links. The property's size and location make it ideal for a variety of businesses seeking a high-profile presence in a thriving area.

    Property Features for 656 Main Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,335 SF

    Building Details

    Year Built
    1940

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,833 SF

    HighLights

    • High visibility location with strong pedestrian and vehicular traffic.
    • Open floor plan featuring exposed brick.
    • Exceptional location on Passaic's busiest avenue, boasting over 33,000 vehicles per day (VPD).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Passaic
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1254182
    Latitude
    40.86096

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    FAQs

    What type of property is this?
    Individual retail property - 7,833 SF Vacant Office in Passaic, NJ
    Where is this individual retail property located?
    The property is located at 656 Main Ave Passaic, NJ.
    What are key features of this property?
    This property features: High visibility location with strong pedestrian and vehicular traffic.; Open floor plan featuring exposed brick.; Exceptional location on Passaic's busiest avenue, boasting over 33,000 vehicles per day (VPD).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    656 Main Ave Passaic, NJ 07055
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