Passaic County  »  1 E Monroe St

1 East Monroe Street, Passaic, NJ 07055 - Property report

Also known as: 1 E Monroe St

Property image for 1 East Monroe Street, Passaic, NJ 07055
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Property type

Commercial (4A)

Year built

1932

Acreage

0.606

Sale price

$2,300,000

General information

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Address
Primary address
1 East Monroe Street
ZIP code
07055
County
Passaic
Block
1005
Lot
20
Neighborhood
Monroe Street
Municipality
1607
Qualifier
Parcel ID
1005-20

Owner

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Sales
Sale date
04/05/2022
Sale price
$2,300,000
Arm's length
Tax
Tax year
2026
Current property tax
$25,548
Building
Property type
Commercial (4A)
Building sq. ft.
18,078
Year built
1932
Exterior structural material
Lot
Acreage
0.606
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
80 /100.  Very Walkable
Transit score
54 /100.  Good Transit
Bike score
53 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 1 East Monroe Street, Passaic, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 1 East Monroe Street, Passaic, NJ 07055

Sale date Sale price Buyer name Seller name
04/05/2022 $2,300,000 XXX XXXXXX XXXXXX XXX XXXXXX XXXXXXX XXXX; XXXXXX XXXXXXX XXXX XXX

*Most recent sale on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/03/2022 - R
04/05/2022 - D
Deed and Realty Tax Fees XXXXXX XXXXXXX XXXX XXX XXXXXX XXXXXX XXX

*Most recent recorded document on file for this property.

R: Recorded date
D: Document date

Property taxes for 1 East Monroe Street, Passaic, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$25,548
Recent tax assessments
Market value
$600,000
Land value
$263,400
Building value
$336,600

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $600,000 $600,000 4.258 $25,548 +3.27%
2024 $600,000 $600,000 4.123 $24,738 +2.97%
2023 $600,000 $600,000 4.004 $24,024 +3.09%
2022 $600,000 $600,000 3.884 $23,304 +3.30%
2021 $600,000 $600,000 3.76 $22,560 +0.78%
2020 $600,000 $600,000 3.731 $22,386 +1.47%
2019 $600,000 $600,000 3.677 $22,062 +2.20%
2018 $600,000 $600,000 3.598 $21,588 +3.18%
2017 $600,000 $600,000 3.487 $20,922 -47.93%
2016 $1,193,100 $1,193,100 3.368 $40,184 +114.22%

Permit information for 1 East Monroe Street, Passaic, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
70,002
Median age
31.9
Average household income
$78,683
Family households
73.8%
People per household (average)
3.29
Occupied housing units
21,151
Owner-occupied units
23.8%
Median year structure built
1938
Median value mortgaged units
$430,100
Median value unmortgaged units
$429,500

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE, X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 1 East Monroe Street, Passaic, NJ 07055 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for 1 East Monroe Street, Passaic, NJ 07055?

The development at 1 East Monroe Street, Passaic, NJ 07055 was built in 1932.

What is the total square footage of 1 East Monroe Street, Passaic, NJ 07055?

1 East Monroe Street, Passaic, NJ 07055 has a total of 18,078 square feet.

When was 1 East Monroe Street, Passaic, NJ 07055 last sold and what was the sale price?

1 East Monroe Street, Passaic, NJ 07055 was last sold on 04/05/2022 for $2,300,000.

What is the assessed value of 1 East Monroe Street, Passaic, NJ 07055?

1 East Monroe Street, Passaic, NJ 07055 is currently assessed at $600,000.

What are the property taxes for 1 East Monroe Street, Passaic, NJ 07055?

The property taxes for 1 East Monroe Street, Passaic, NJ 07055 total $25,548.

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