$1,071,695*
●
Commercial -
Off Market
262 Passaic St
Passaic City, NJ 07055
Studio
0 Bath
$810,000 - $988,000
Reference Base Price*
19.21%
Since Sep 1, 2021
NY-New York
Primary Model
About This Property
WOW! CASH COW! Bar & juice bar, both 10-year leases. Upper levels
consist of 9 rented rooms, 2 common baths & two 1-bedroom apts,
2-car garage & yard space in the rear is also rented. Bar has its
own heating system, water meter. Juice bar has own electric
baseboard heat. Owner has installed 3 new gas systems, one for the
bar, the others for rented rooms & apartments. Newer baths for
rented rooms (one shower not upgraded) lots of new plumbing. Roof
aprrox 8 years ago. CCTV system, viewed via the internet. The
current non-resident super is a deputy sheriff which will stay on
if wanted. All the tenants have been paying during the pandemic.
Income & Expense sheet attached. Being sold AS-IS, buyer
responsible for any inspections/certifications required
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,486
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2021 | No longer available | - | |
| No longer available | |||
| Jul 9, 2021 | Price Decreased |
$899,000
↓ $101K
(10.1%)
|
|
| Price Decreased | |||
| Jun 24, 2021 | Price Decreased |
$999,900
↓ $75K
(7%)
|
|
| Price Decreased | |||
| Apr 30, 2021 | Listed | $1,075,000 | |
| Listed | |||
Property Highlights
262 Passaic St
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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
-
|
-
-
|
-
|
-
|
Building Info
