Skip To Content

51 Central Ave

Passaic City, NJ 07055
  • $1,500,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 3752229
UPDATED: 31 min ago
$1,500,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,000
    SQFT
  • $375
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Great opportunity to purchase an income producing commercial property with 9 units in the heart of the City of Passaic's Business District. 2000 square feet per floor, basement has additional 2000 square feet , perfect for storage. 2 store fronts & 6 office spaces on the 2nd floor. And 1 office space in the back of the property. Central HVAC Central Heat/AC. Smart thermostats installed. LED Lighting throughout the building.Roof is 3 years old. Rent rolls available upon request. Current annual gross income with units that are rented is $77,508 that number can change if the 5 additional office spaces are rented. Outstanding investment commercial building with great potential.

Monthly Payment Calculator



© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-12-07T16:46:52.193.
www.srrealestategroup.com/homes/123322201
Print Image

51 Central Ave Passaic City, NJ 07055

  • Price: $1,500,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 31 min ago
  • MLS #: 3752229
0
Beds
0
Baths
0
½ Baths
0.06
Acres
4,000
SQFT
$375
$/SQFT
County:
Passaic
Area:
Passaic City
Property Description
Great opportunity to purchase an income producing commercial property with 9 units in the heart of the City of Passaic's Business District. 2000 square feet per floor, basement has additional 2000 square feet , perfect for storage. 2 store fronts & 6 office spaces on the 2nd floor. And 1 office space in the back of the property. Central HVAC Central Heat/AC. Smart thermostats installed. LED Lighting throughout the building.Roof is 3 years old. Rent rolls available upon request. Current annual gross income with units that are rented is $77,508 that number can change if the 5 additional office spaces are rented. Outstanding investment commercial building with great potential.
Exterior Features

Approximate Lot Size 25X100 Available Parking Spaces 0 Construction Brick/Block Exterior Description Brick/Block Location Business District Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Walkout Cooling 1 UnitCentral Air Equipment Available Fire AlarmFixturesIntercomRestrooms - PrivateSecurity SystemSmoke DetectorStorage Area(S) Heating 1 UnitForced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 9 Office Sq Ft 0

Property Features

Available Immediately Building Number 51 DEPStatus Unknown For Sale Or Lease For Sale Fuel Type Gas-Natural Lease Type Other Owner Pays ElectricGasHeatMaintenance-Common AreaSewer Permitted Use Commercial/Store Fronts/Offices Primary Property Type Offcretl Property Type Office/RetailSee Remarks Sale Includes Building OnlySee Remarks Sewer Public Sewer Suite Number 1-9 Tax Amount 20147 Tax Rate Amount 3.731 Tax Rate Year 2020 Tax Year 2020 Utilities All UndergroundElectricGas-Natural Utilities Paid By Landlord Water Public Water Year Built Description Unknown Zoning Commercial

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Realty Executives Elite Homes.


© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-12-07T16:46:52.193.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3752229-2.jpg
Logo
Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901