Rare redevelopment and investment opportunity at 234 Hope Avenue (commonly known as 240 Hope Avenue), Passaic, NJ. This unique property is approved for a 48-unit residential development and offers outstanding potential for developers, investors, religious organizations, and institutional users. In addition to the existing residential approvals, the property may also be suitable for commercial, mixed-use, medical, educational, or other permitted uses, subject to municipal approvals. The property is located in an established neighborhood with convenient access to Route 21, Route 3, Interstate 80, the Garden State Parkway, New York City, public transportation, shopping, restaurants, and local amenities. Existing improvements provide flexibility for redevelopment or continued institutional use. A liquor license is also available for purchase separately, providing additional value and potential for qualified buyers depending on the intended future use and applicable approvals. Property is offered for sale as-is. Additional information, development approvals, surveys, and supporting documentation are available to qualified buyers upon request.