$1,605,692*
●
Commercial -
Off Market
262 PASSAIC ST
Passaic City, NJ 07055
Studio
0 Bath
$1,125,000 - $1,375,000
Reference Base Price*
28.46%
Since Feb 1, 2021
NY-New York
Primary Model
About This Property
Cash Cow! Bar & juice bar, both on 10-year leases (with bumps).
Upper levels consist of 9 rented rooms with 2 common baths & two
1-bedroom apts, a 2-car garage & yard space in the rear is also
rented. The bar has its own heating system and water meter. The
juice bar has its own electric baseboard heat. The owner installed
3 new gas systems, one for the bar & the other two for the rented
rooms & apartments. Newer baths for the rented rooms (except one
shower was not upgraded) & lots of new plumbing. Roof done apx. 8
years ago. The owner has installed a CCTV system, which can be
viewed via the internet. The current non-residence super is a
deputy sheriff which would stay on if wanted. All the tenants have
been paying during the COVID-19 pandemic. An Income & Expense sheet
is attached.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,465
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 17, 2021 | No longer available | - | |
No longer available | |||
Oct 17, 2020 | Relisted | $1,250,000 | |
Relisted | |||
Oct 16, 2020 | No longer available | - | |
No longer available | |||
Oct 13, 2020 | Price Decreased |
$1,250,000
↓ $45K
(3.5%)
|
|
Price Decreased | |||
Sep 6, 2020 | Listed | $1,295,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/14/2022
|
|
Loft
|
-
|
-
|
$899,000
Loft
-
|
-
-
|
-
|
SERGIO LIMONTA
UNITED REAL ESTATE
|
04/30/2021
|
|
Loft
|
-
|
-
|
$1,075,000
Loft
-
|
-
-
|
-
|
SERGIO LIMONTA
UNITED REAL ESTATE
|
09/06/2020
|
|
Loft
|
-
|
-
|
$1,295,000
Loft
-
|
-
-
|
-
|
-
|
07/27/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|