Situated in Garfield’s redeveloped sought-after “Restaurant Row†district, 55 Passaic St. is a fully leased four-unit mixed-use property featuring two commercial units and two residential units (one-bedroom and two-bedroom). The property underwent a full renovation in 2018, including new appliances, ensuring modern functionality and appeal. Additional features include a shared backyard and a semi-finished basement as an addition to the front commercial unit. This property is just one block from the train station and offers easy access to the Parkway, Route 46, and Route 80. This is a rare opportunity to acquire a well-maintained, income-generating asset in a high-demand area. Property is located in an opportunity zone and is sold as-is. Owner holds a New Jersey Real Estate License.
Other
$9,711 Annual Tax
MLS/Listing ID 25009473
Listing Courtesy of KELLER WILLIAMS CITY LIFE REALTY, NADIYAH HALL - 732-682-7760
Source of Data: NEW JERSEY MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Douglas Elliman of NJ are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/25/2025.
Source: New Jersey Multiple Listing Service, Inc.
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