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$1,050,000
422 Monroe Street, Passaic, NJ, 07055
MLS# 25035838
0.172 acres (7,500 sqft)
Lot Size
Commercial — Retail
Property Type
Description
Automotive Repair Facility & Commercial Property in Passaic, NJ, offering mechanic services, auto sales, and a DMV state inspection facility, with a NJ auto dealer license currently lapsed but renewable. This established business has served the community for over 30 years and is ideal for an owner-operator or investor. The facility spans approximately 7,500 square feet and features four service bays, an outdoor heavy-duty lift, newer lifts and equipment, and ample parking and storage for over 25 vehicles. Additional amenities include office spaces, restrooms, and two extra rooms adaptable for storage or private use. Conveniently located near public transportation and major highways, this property offers excellent accessibility and visibility for continued success in the automotive industry. Fully secured, fenced in, just waiting for new owner(s) to expand and thrive. Inquire TODAY,
Tax & Financial Information
| Annual Property Taxes | $12,423 (NJ Public Records) |
| Tax Assessment | $301,300 |
| Land Assessment | $87,500 |
| Original List Price | $1,390,000 |
| Listed | October 7, 2025 |
Listing Information
Listing Office: United Real Estate — 888-501-6953
Listing Agent: Roberto Sanchez — 973-216-1945 — rsanchez@robsrealtor.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 5/22/2026.
Total Monthly Cost
$7,796/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $210,000 | Loan: $840,000
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Passaic
Main Line
Passaic Station
~0.3 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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