51 Central Avenue, Passaic, NJ 07055

Property Description

VALUE ADD INVESTMENT OPPORTUNITY. Located in the heart of Downtown Passaic, this mixed use building offers an excellent value add investment opportunity along one of the city’s busiest corridors, providing outstanding visibility, strong pedestrian traffic, and excellent vehicle exposure. The property features two approx. 1,140 sq./ft ground floor retail storefronts and seven second-floor office suites ranging from approx. 170 sq./ft. to 505 sq./ft. with flexible layouts that can be combined for larger professional users. Both retail storefronts are occupied, with leases approaching renewal, creating an opportunity to reposition rents to current market levels. The second floor offers significant lease up potential, providing a clear path to increasing occupancy and cash flow. The property has been well maintained and includes an updated flat roof (2019), updated HVAC systems, updated thermostats, a full basement. A great value add investment with immediate income and substantial upside through lease up and future rent growth.

Listing Status:

Active

Date Added:

June 30, 2026

Data Last Updated:

July 29, 2026 at 5:56AM

Listing Office:

Keller Williams Town Life : 201-894-8004

Listing Agent:

Iris E Huertas : (201) 679-1007

MLS ID:

26024406

Interior

• Heating: Central AirElectricGas

Location

• County: PASSAIC

Utilities

• Utilities: O/See Rmks

Financial

• Ownership: Private