Contacts

Tarang Ramani

Lee & Associates - WBE

(201) 458-5472

Property Details

Property Type Other - Special Purpose
Property Size 19,085 SF
Date Updated Apr 10, 2024

Lee & Associates is pleased to exclusively list for sale a Religious Campus located in Passaic, (Passaic County) New Jersey. The subject properties sit on a 38,525 SF lot (.88 acres) and the existing building SF is 19,085. The parcel(s) consist of a church/parsonage building, a school/event hall with a 5,500 SF auditorium, as well as 10 classrooms and more learning spaces in the basement. Situated along the Passaic River and directly adjacent to North Pulaski Park, the buildings have been meticulously cared for with all utilities and mechanical systems being upgraded within the past 10 years. The properties sit within a Qualified Opportunity Zone allowing investors & QOZ funds to defer capital gains by making improvements above the acquisition basis. The property is located in the heart of Passaic, right off of Route 21 and a straight shot, within walking distance, to the downtown area of Passaic which is currently undergoing major renovation. The population within a 3-mile radius of this property is 289,641 and is estimated to increase 2.34% within the next few years. Additionally, there are many existing public transportation hubs in town providing it’s residents an opportunity to take advantage of more metro areas while paying more reasonable rents.

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Attachments

216 218-228 Fourth St_Offerring Memorandum.pdf (PDF) opens in new window

Getting around

82/100
Walk Score ®
53/100
Transit Score ®
48/100
Bike Score ®

Powered by Walk Score ®

City Passaic, NJ
Neighborhood Monroe Street
Zip Code 07055
Market New Jersey

Points of Interest

Garfield

0.54 miles
Plauderville

1.25 miles
Wesmont

1.38 miles
Passaic

1.68 miles
Clifton

1.99 miles
Wood-Ridge

2.61 miles
Delawanna

2.74 miles
Teterboro

2.77 miles
Rutherford

2.94 miles
Essex Street

3.37 miles

Gas Line

1.06 miles
Gulf Gas Station

1.52 miles
Sunoco

1.68 miles
Sunoco

2.38 miles
Citgo

2.41 miles
Delta

2.89 miles
Exxon

2.95 miles
Gulf

2.98 miles
BP

3.01 miles
Sunoco

3.03 miles

Holy Trinity Parking Lot

0.51 miles
Wesmont Station Parking

1.40 miles
Promenade Parking

2.97 miles
Visitors Parking

3.20 miles
Allwood Road Park & Ride

3.29 miles
Employee Parking Garage

3.33 miles
Atlantic Street Parking Garage

3.34 miles
Railroad Parking Garage

3.51 miles
Lot P

3.65 miles
Garage B

3.80 miles

Crowne Plaza

2.39 miles
Element New York Wood Ridge

2.48 miles
Marriott Saddle Brook

2.56 miles
Garden Plaza Hotel

2.79 miles
Hilton Hasbrouck Heights / Meadowlands

2.80 miles
Stony Hill Inn

2.87 miles
Howard Johnson Inn

2.93 miles
Homewood Suites by Hilton

2.98 miles
Holiday Inn Express & Suites Meadowlands Area, an IHG Hotel

3.09 miles
La Quinta Inn & Suites Clifton - Rutherford

3.11 miles

ShopRite Supermarket (CLOSED)

0.63 miles
Walmart Supercenter

0.78 miles
ShopRite

1.39 miles
ShopRite

1.74 miles
Walmart

1.93 miles
Stop & Shop

1.97 miles
Corrado's

2.31 miles
Alkin Kompressors

2.61 miles
Walmart Supercenter

2.81 miles
Slice Of India Indian Grocery

2.86 miles

In-Depth Research Available for this Property

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216 & 218-228 Fourth Street