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$1,600,000
40 Passaic Avenue, Fairfield, NJ, 07004
MLS# 26040703
0.953 acres (41,500 sqft)
Lot Size
Land — Industrl
Property Type
Description
.95 acres. High visibility. Exceptional opportunity! Rare opportunity to acquire approximately .95 level acres in one of Fairfield's most strategic & highly visible locations. Whether you're an investor, developer, or end user, this property offers the kind of land & location that rarely become available. Surrounded by established professional buildings, thriving businesses and residential neighborhoods, the property is ideally positioned just moments from Essex County Airport and Route 46. Fairfield's central location provides exceptional connectivity with convenient access to Routes 46, 23, 202, 3, I-80, I-280, and I-287, making it an outstanding location for a wide range of future possibilities (subject to municipal approvals). Flat, usable land. Outstanding visibility. Exceptional accessibility.
Tax & Financial Information
| Annual Property Taxes | $3,994 (NJ Public Records) |
| Tax Assessment | $187,000 |
| Land Assessment | $187,000 |
| Listed | October 26, 2026 |
Listing Information
Listing Office: Lattimer Realty — 973-226-1717
Listing Agent: Francis Busby — (973) 865-2889 — FXBeffect@gmail.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 10/26/2026.
Total Monthly Cost
$10,635/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $320,000 | Loan: $1,280,000
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
Fairfield
Little Falls
~5 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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Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
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