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    587 River St Paterson, NJ 07524

    For Lease
    Contact for pricing

    Commercial - Paterson City, NJ

    Lot size:
    0.06 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 587 River St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    MU
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Number of units
    1
    Architectural style
    Other

    Nicholas Real Estate (973) 725-3778 [email protected]

    Listing agent NICHOLAS TSELEPIS (973) 340-1202

    Listing date Oct 21, 2025

    MLS# 3993646 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Construction Retail/Office Space

    Available in 2026, this new construction ground-level space offers 10,000 square feet, which can be subdivided with build-out options. The property is suitable for retail, medical, legal, pharmacy, and office uses, but not for restaurants. The ceiling height is approximately 10 feet. The property is located close to major highways and transportation, and benefits from high foot traffic. The property is zoned MU and located in Paterson City, Passaic County, New Jersey.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15633
    Latitude
    40.93376

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    FAQs

    What type of property is this?
    Retail space - New construction retail/office space available in 2026.
    Where is this retail space located?
    The property is located at 587 River St Paterson, NJ.
    What are key features of this property?
    This property features: - New construction available in 2026; - 10,000 sqft ground level space that is subdividable; - Suitable for retail, medical, legal, pharmacy, or general office use
    (973) 340-1202
    Request Owner's contact information
    587 River St Paterson, NJ 07524
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    Paterson, NJ 07524
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    587 River St Paterson, NJ 07524
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