285 Passaic Ave Fairfield, NJ 07004-2503
Property profile & analytics
285 Passaic Ave Fairfield, NJ 07004-2503
- Industrial properties
- 5,160 SF
- 1.23 lot acres
Property ID
US59-1908261
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.
Location Intelligence
Current Use by Public Records
- Advanced Personal Training / Gym & Fitness Center
- Final Round Training / Weight Loss Service / Personal Trainer
- Malanga Construction / Construction Company / General Contractor
Property Details for 285 Passaic Ave
- Year built
- 1954
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.23 lot acres
- Property size
- 5,160 SF
- Property type
- Industrial properties
- APN
- 07 02601-0000-00013
- APU
- 702601000000013
Description
This exceptional two-story, 9,100 square foot office building in Essex County presents a unique investment opportunity. Currently undergoing renovations, including a substantial 3,900 square foot second-floor addition, this property boasts a prime location, approximately a quarter-mile from Route 46 and I-80, ensuring high visibility on a four-lane road. The building features ample on-site parking and a new elevator, scheduled for completion. The renovated space offers versatile options, suitable for professional offices, medical practices, or recreational uses such as martial arts studios, yoga studios, or dance studios. The asking price is $20.00 per square foot, plus common area maintenance (CAM) charges, which will be determined based on property taxes, landscaping, and elevator maintenance. The 1.27-acre lot provides ample space and the single-tenancy building offers flexibility and control. The building is currently undergoing a complete renovation, completed in 2024, and is situated near the intersection of Daniel Road. This is an ideal opportunity for businesses seeking a modern, well-located space with excellent accessibility and high visibility. The existing building is 5,200 square feet, with the addition of 3,900 square feet on the second floor.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $510,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $985,000
- 6.5%
- $910,000
- 7%
- $845,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $738,000
Market price range: $180k - $738k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2724
- Latitude
- 40.8816
- 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
2023
$20,959
$365,500
$655,400
$1,020,900
-
$365,500
$655,400
$1,020,900
