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394 Passaic Avenue
0.62 Acres of Commercial Land Offered at $1,850,000 in Bloomfield, NJ 07003
Investment Highlights
- Highly visible on a busy intersection, with an average daily traffic volume of 22,000 vehicles
- Walking distance to Hackensack Medical School
- Flexible development options
Executive Summary
Property Facts
| Price | $1,850,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.62 AC |
| Price | $1,850,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.62 AC |
1 Lot Available
Lot 16
| Price | $1,850,000 | Lot Size | 0.62 AC |
| Price Per AC | $2,983,871 |
| Price | $1,850,000 |
| Price Per AC | $2,983,871 |
| Lot Size | 0.62 AC |
Description
The property supports flexible development options. Environmental compliance is well-documented, with 12 years of bi-annual NJDEP monitoring through four wells showing consistent improvement in groundwater conditions, leading to ECA (Exceptional Case Approval) and NSF (No Further Action) status. Neighboring establishments like TD Bank and 7-Eleven enhance its prime location! Don't miss this rare chance to establish a presence in a rapidly revitalizing urban hub.
zoning
| Zoning Code | R-1A and B-2 (394 W. Passaic Ave is Zone (R-1A), possible transition to B-2 Zone. 190-192 Darling Ave and 200-204 Darling Ave are B-2 Zone.) |
| R-1A and B-2 (394 W. Passaic Ave is Zone (R-1A), possible transition to B-2 Zone. 190-192 Darling Ave and 200-204 Darling Ave are B-2 Zone.) |
Presented by
394 Passaic Avenue
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