Retail Space
76 Broadway Passaic, NJ 07055
Details & Description
Price: $985,000
    Opportunity Knocks! This 3 tenant retail property on Broadway in the heart of Passaic, a town that is rapidly growing with re-development opportunities as demographics shift, residential increases and businesses grow Stable rents from long term tenants support this property with positive cash flow. The property highlights 15 parking spaces in rear along with street parking and has close proximity to public transportation. Wonderful value-add property suggests addition of 1-2 floors resulting in residential and/or mixed use development.
    Listing Agents
    Gina Palumbo
    KW Commercial
    O: 201-391-2500
    M: 201-820-5050
    ginapalumbo@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    76 Broadway

    Passaic, NJ 07055

    Listing ID: 271530
    • 76 Broadway Passaic, NJ 07055 | for Sale | Photo 1
    • 76 Broadway Passaic, NJ 07055 | for Sale | Photo 2
    76 Broadway | for Sale | Thumbnail 1
    76 Broadway | for Sale | Thumbnail 2
    Building Size: 2,556 SF
    Lot Size: 0.110 AC
    Land Size: 4,791 SF
    Building $/SF: $385.37
    Land $/SF: $205.59
    Price
    $985,000
    Description

    Opportunity Knocks! This 3 tenant retail property on Broadway in the heart of Passaic, a town that is rapidly growing with re-development opportunities as demographics shift, residential increases and businesses grow Stable rents from long term tenants support this property with positive cash flow. The property highlights 15 parking spaces in rear along with street parking and has close proximity to public transportation. Wonderful value-add property suggests addition of 1-2 floors resulting in residential and/or mixed use development.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Paterson History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Passaic Area Market Trends

    Listing Demographics for 76 Broadway Passaic, NJ 07055

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population68,505292,360639,559
    Population Median Age333838
    Population by Age0-9 Yrs12041 (17%)38122 (13%)81489 (12%)
    10-19 Yrs10955 (15%)37763 (12%)79095 (12%)
    20-29 Yrs9798 (14%)40007 (13%)86594 (13%)
    30-39 Yrs9725 (14%)43845 (14%)92632 (14%)
    40-49 Yrs9219 (13%)38152 (13%)84971 (13%)
    50-59 Yrs7167 (10%)38476 (13%)86398 (13%)
    60-69 Yrs5422 (7%)29648 (10%)66690 (10%)
    70+ Yrs4178 (6%)26347 (9%)61692 (9%)
    Median HH Income$43,253$68,796$70,952
    Total Household Income< 24K6180 (30%)19629 (19%)42230 (18%)
    25-49K5174 (25%)18584 (18%)39968 (17%)
    50-74K3284 (16%)15320 (15%)34664 (15%)
    75-99K2132 (10%)12572 (12%)28067 (12%)
    100-199K2950 (14%)25453 (25%)56453 (25%)
    200K+593 (2%)8281 (8%)21708 (9%)
    Highest Education LevelNo Diploma130173166363749
    Diploma or GED1431864820140262
    Some College49153139969499
    Assoc. Degree17871136724374
    Bachelors Degree45783878391401
    Higher Degree19731891147151
    Total Housing Units21,813106,395237,374
    --Owner-Occupied4,82147,288109,493
    --Renter-Occupied15,49352,552113,597
    Owner-Occupied Values< 100K17211552730
    100-199K76528847344
    200-299K1166880721448
    300-399K13921688936162
    400-499K663978521648
    500K+663776820162
    Total Working Age Population50,045231,628511,105
    In Work Force31,286151,084333,922
    Not In Work Force18,75980,544177,183
    Workforce Employed29,645144,520319,549
    Workforce Unemployed1,6156,42814,181
    Civlian Workforce31,260150,948333,730
    Military Workforce27136192
    Total Households20,31499,840223,090
    Family Households14,76970,246155,037
    Non-Family Households5,54529,59568,053
    Married Couple8,21847,932105,116
    Other Family6,55122,31349,921
    Married w/Child4,34921,11245,960
    Single Male w/Child6032,5775,200
    Single Female w/Child2,7517,51717,407

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Jersey8,414,350+48,791,894+49,132,700+49,530,900
    Bergen County884,118+2905,116+7967,500+71,031,500
    Essex County793,633-1783,969+3808,300+3829,800
    Hudson County608,975+4634,266+12708,100+6747,400
    Passaic County489,049+2501,226+4521,700+3536,100
    New York18,976,457+219,378,102+420,146,131+220,604,030
    New York County1,537,195+31,585,873+61,688,894+21,727,631

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 76 Broadway in Passaic?
    The asking price for 76 Broadway is $985,000
    What is the building size of this Retail property in Passaic, NJ?
    The size of the building/unit at 76 Broadway in Passaic is 2,556 square feet
    How much land does the Passaic, NJ property at 76 Broadway include?
    76 Broadway in Passaic includes 0.110 acres of land
    What kind of Retail is the propery at 76 Broadway?
    The property at 76 Broadway Passaic, NJ 07055 is listed as a Other Retail Retail property
    What is the population within 1 mile of 76 Broadway in Passaic?
    The population within 1 mile of 76 Broadway Passaic, NJ 07055 is 68,505 people.
    Who do I contact for questions about 76 Broadway?
    You should contact the listing agent, Gina Palumbo, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    413 River Drive, Garfield, NJ $875,000 8000 0.3
    729 Van Houten Avenue, Clifton, NJ CALL 1400 0.06
    340 River Street, Hackensack, NJ $1,750,000 8000 0.44
    79 Union Boulevard, Totowa, NJ CALL 5826 2.59
    257 Pompton Avenue, Verona, NJ CALL 2400 0.77
    923 Franklin Avenue, Newark, NJ CALL 4120 0.18
    865 Roosevelt Avenue, Secaucus, NJ $3,888,888 9800 0.56
    8516 Tonnelle Avenue, North Bergen, NJ CALL 2760 0.52
    579 Bergen Boulevard, Ridgefield, NJ $385,000 1900 0.03
    7025 Bergenline Avenue, North Bergen, NJ $550,000 6250 0.1

    Closest Commercial Airports

    Airport Distance (mi)
    Newark Liberty International Airport (EWR) 12
    La Guardia Airport (LGA) 15
    John F Kennedy International Airport (JFK) 24