285 Monroe Street, Passaic, NJ 07055

Property Description

A Prime Mixed-Use Redevelopment Opportunity Positioned along the active Monroe Street corridor, 281–285 Monroe Street presents a rare mixed-use asset with significant redevelopment upside in one of Passaic’s steadily evolving urban submarkets. Surrounded by residential buildings, neighborhood retail, and established commercial activity, the property sits within a proven corridor benefiting from ongoing reinvestment and rising investor demand. This is a true value-add redevelopment site, ideal for developers seeking to unlock long-term value through repositioning, increased density, or ground-up redevelopment. The existing mixed-use configuration offers interim income potential, while the underlying value is driven by the site’s land position and redevelopment potential supported by local zoning. The immediate area features strong pedestrian traffic, daily convenience retail, and proximity to major transportation routes, offering seamless connectivity to Northern New Jersey employment hubs and direct access to New York City. As Passaic continues targeted revitalization along key corridors, Monroe Street remains a focal point for infill development and urban renewal, reinforcing long-term growth fundamentals and investor confidence. An exceptional opportunity for developers focused on scale, density, and long-term urban value creation.

Listing Status:

Active

Date Added:

May 10, 2026

Data Last Updated:

June 26, 2026 at 12:57AM

Listing Office:

Prestige Property Group - Montclair : 973-860-7595

Listing Agent:

Joseph Aziz : (201) 708-5067

MLS ID:

26015228

Construction

• Roofing: O/See Rmrks

Location

• County: PASSAIC