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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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51 Central Ave , Passaic, NJ 07055
$1,350,000
Est. Payment: $6,870.43/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 20
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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.
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Highlights

Listed by Iris Huertas , (201) 679-1007 Keller Williams Town Life , 201-894-8004. New Jersey Multiple Listing Service mls logo

Property Type

Commercial Sale

County

Passaic

Area

Passaic

Listing ID

26024406

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$6,870
Taxes
$1,916

Home Price

$1,350,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,870.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,870.43 $1,916.08 $0.00 $8,786.51
Yearly $82,445.16 $22,993.00 $0.00 $105,438.16
Total $2,473,354.92 $689,790.00 $0.00 $3,163,144.92

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Passaic, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-07-21T23:39:14.400Z

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