Financial
Distress signals
Property profile

212 Washington Pl Passaic, NJ 07055

OFF-MARKET
Commercial real estate
Property ID
US59-1790833
0.17 ac lot Built 1940
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 7,140-square-foot retail space is located at 212 Washington Place in Passaic, New Jersey, within Passaic County. The property is a single-tenant building, offering a completely vacant space ready for immediate occupancy. The building's total square footage is 7,140 square feet, providing ample room for a variety of retail businesses. The property's address is 212 Washington Place, Passaic, NJ 07055. Its convenient location offers excellent visibility and accessibility for

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value · 2024$893k
Assessed land$221k
Assessed improvement$671k
Effective rate4.00%

Value estimate

· Sep 2026
$400k
$360k – $440k
AI approach$400k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 817 recorded sales of this use type
Observed band · Q1–Q3$117 – $285

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
The purpose of this district is to provide space for retail and service establishments serving the community
General categoryCOMMERCIAL
JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency52.1
Law Firm17.7
Veterinary Clinic13.2

Location

212 Washington Pl Passaic, NJ 07055-5137
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
179 Prospect, Passaic, NJ 07055-5150 $835,466 Oct 2025 No data
151 Broadway, Passaic, NJ 07055-3904 $684,000 Aug 2025 No data
101 Hammond, Passaic, NJ 07055 $999,999 Jul 2025 No data
227 Main, Passaic, NJ 07055-5501 $885,000 Jul 2025 No data
158 Passaic, Passaic, NJ 07055-7317 $6,950,000 Jul 2025 18,036 SF
91 Paulison, Passaic, NJ 07055-4816 $675,000 Jun 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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