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    115 Myrtle Ave Passaic, NJ 07055

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    115 Myrtle Ave Passaic, NJ 07055


    • Industrial properties
    • 0.12 lot acres
    Passaic Industrial Warehouse For Sale
    $1,295,000
    10,000 SF

    Passaic Industrial Warehouse

    10,000 SF Warehouse, Vacant, Opportunity Zone

    Passaic Park, NJ 07055
    View Listing
    Property ID
    US59-3177357
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 115 Myrtle Ave

    Construction
    BRICK
    Lot size
    0.12 lot acres
    Zone code
    R-3
    Property type
    Industrial properties
    APN
    07 02176-0000-00019
    APU
    702176000000019

    Description

    This exceptional 10,000-square-foot warehouse in Passaic, New Jersey, presents a compelling investment opportunity. Located at 115 Myrtle Ave, 07055, this property sits on a 5,249-square-foot corner lot and boasts a desirable M-1 (Light Industrial) and R-3 (Residential Multi-Family) zoning designation. The two-story brick building is currently vacant, offering immediate occupancy for owner-users or a blank canvas for redevelopment. The asking price is $1,295,000, translating to $129.50 per square foot. Features include one loading dock and a prime location within an Opportunity Zone, suggesting significant potential for future appreciation. The property's versatile zoning allows for a range of uses, making it attractive to both industrial businesses and developers seeking multi-family residential projects. Its strategic location and strong infrastructure make it an ideal choice for businesses seeking a strategic presence in Passaic County. This is a rare opportunity to acquire a well-situated industrial property with substantial upside potential. The property's APN is 07-02176-0000-00019. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $730,000
      ML approach
      $700,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Passaic
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1344
    Latitude
    40.8653
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $18,457
    $77,500
    $397,700
    $475,200
    -
    $77,500
    $397,700
    $475,200
    View Listing
    More about this property
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