Passaic County  »  56-58 Lexington Ave

56-58 Lexington Avenue, Passaic, NJ 07055 - Property report

Also known as: 56-58 Lexington Ave

Property image for 56-58 Lexington Avenue, Passaic, NJ 07055
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Property type

Store (SCILSR)

Acreage

0.237

Sale price

$3,200,000

General information

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Address
Primary address
56-58 Lexington Avenue
ZIP code
07055
County
Passaic
Block
4124
Lot
10
Neighborhood
Monroe Street
Municipality
1607
Qualifier
Parcel ID
4124-10

Owner

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Sales
Sale date
05/14/2025
Sale price
$3,200,000
Arm's length
Tax
Tax year
2026
Current property tax
$42,580
Building
Property type
Store
Building sq. ft.
9,600
Exterior structural material
Lot
Acreage
0.237
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
57 /100.  Good Transit
Bike score
59 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 56-58 Lexington Avenue, Passaic, NJ

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

Sales history for 56-58 Lexington Avenue, Passaic, NJ 07055

Sale date Sale price Buyer name Seller name
05/14/2025 $3,200,000 XXXXXXXXX XXXX XXX XXXXXXXXX XXXXXXXX XXX
09/28/2006 $1,500,000 XXXXXXXXX XXXXXXXX XXXXXXX XXXXXX
07/06/2000 $799,000

*Most recent sales on record for this property.

More about Passaic County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
06/04/2025 - R
05/20/2025 - D
Mortgage XXXXXXXXX XXXX XXX XXXXXXXXXX XXXXXXXX XXXXXXXX XXXXXXXX XXX
06/04/2025 - R
05/14/2025 - D
Deed and Realty Tax Fees XXXXXXXXX XXXXXXXX XXX XXXXXXXXX XXXX XXX
10/16/2006 - R
09/28/2006 - D
Deed and Realty Tax Fees XXXXXXX XXXXXX XXXXXXXXX XXXXXXXX
09/24/2004 - R
06/22/2004 - D
Deed and Realty Tax Fees XXXX XXXX XXXX XXXXXXX XXXX, XXXX X
07/06/2000 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 56-58 Lexington Avenue, 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
$42,580
Recent tax assessments
Market value
$1,000,000
Land value
$256,000
Building value
$744,000

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 $1,000,000 $1,000,000 4.258 $42,580 -17.39%
2024 $1,250,200 $1,250,200 4.123 $51,546 +2.97%
2023 $1,250,200 $1,250,200 4.004 $50,058 +3.09%
2022 $1,250,200 $1,250,200 3.884 $48,558 +3.30%
2021 $1,250,200 $1,250,200 3.76 $47,008 +0.78%
2020 $1,250,200 $1,250,200 3.731 $46,645 +1.47%
2019 $1,250,200 $1,250,200 3.677 $45,970 +2.20%
2018 $1,250,200 $1,250,200 3.598 $44,982 +3.18%
2017 $1,250,200 $1,250,200 3.487 $43,594 +3.53%
2016 $1,250,200 $1,250,200 3.368 $42,107 +11.20%

Permit information for 56-58 Lexington Avenue, Passaic, NJ

Issued date Permit number Permit type Sub type Valuation Finaled date Status
07/10/2025

*Most recent permit on record 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
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 56-58 Lexington Avenue, 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 market value of 56-58 Lexington Avenue, Passaic, NJ 07055?

The current market value of 56-58 Lexington Avenue, Passaic, NJ 07055 is $1,000,000.

What is the total square footage of 56-58 Lexington Avenue, Passaic, NJ 07055?

56-58 Lexington Avenue, Passaic, NJ 07055 has a total of 9,600 square feet.

What is the price per square foot for this property?

$333 per square foot is the price for 56-58 Lexington Avenue, Passaic, NJ 07055.

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