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    714 Broadway Paterson, NJ 07514

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    For Lease
    $1,295,000

    Two-story professional building with medical space available for rent.

    Property size:
    2,000 SF
    Lot size:
    0.22 Acres

    Property Features for 714 Broadway

    General Information

    Size
    2,000 SF
    Lot size
    0.22 Acres

    Source: Newmark & Associates, Inc. Agent Nancy Stanton-Tuckman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Professional Building For Rent

    This two-story professional building offers approximately 10,000 square feet of space on a 0.22-acre lot. The building features 10 suites and 10 bathrooms. Approximately 2,000 square feet of medical space is available. The building is equipped with a security system and a private lobby entrance, presenting an opportunity for investors or users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wells Cleaning Company House Cleaning Service Pain & Injury Center-North ... Chiropractor Alaska Solutions LLC- ... Tax Preparation Service A Squared Architect Optimal Lab Medical Laboratory

    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
    -74.142613
    Latitude
    40.917962

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    FAQs

    What type of property is this?
    Office building - Two-story professional building with medical space available for rent.
    Where is this office building located?
    The property is located at 714 Broadway Paterson, NJ.
    What are key features of this property?
    This property features: - 10,000 sq ft professional building on .22 acres offering significant space.; - Ten suites and ten bathrooms, suitable for various tenants or uses.; - Opportunity for investor or user, suggesting flexibility in ownership.
    (973) 216-7107
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    714 Broadway Paterson, NJ 07514
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    Paterson, NJ 07514
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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
    714 Broadway Paterson, NJ 07514
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