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    290 Pennsylvania Ave Paterson, NJ 07503

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    For Sale
    Contact for pricing

    Turn-key car dealership generating $10-12 million gross revenue annually.

    Property size:
    6,000 SF
    Lot size:
    0.48 Acres

    Property Features for 290 Pennsylvania Ave

    General Information

    Size
    6,000 SF
    Lot size
    0.48 Acres

    Source: The Blau & Berg Company Agent Juan Disla

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

    Overview

    Established Car Dealership For Sale

    This established car dealership, in business for over 15 years, is available for sale. The turn-key operation has generated approximately $10 to $12 million in gross revenue between 2020 and 2023. The sale includes an inventory of approximately 110 cars and trucks. The property features a repair shop of approximately 6,000 square feet with a 20-foot ceiling. There is also approximately 2,000 square feet of office space, including two kitchens and three bathrooms. Additional features include a showroom, photo booth, and private office. The lot size is approximately 10.5 acres, encompassing Block 7101, Lots 6 & 7, and Block 7117, Lot 3. Note that only the business is for sale; the property itself is not included in the sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Silk Auto Mall Used Car Dealer

    Suggested Use

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

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

    Similar Places Nearby

    JVA Station, Valvoline Instant Oil Change, Spark Auto Repairs, Inc., Fantastic Plastic, Inc., ISA Success Lube

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1522249
    Latitude
    40.8945655

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    FAQs

    What type of property is this?
    Auto shop - Turn-key car dealership generating $10-12 million gross revenue annually.
    Where is this auto shop located?
    The property is located at 290 Pennsylvania Ave Paterson, NJ.
    What are key features of this property?
    This property features: - Generating $10 - $12 Million in Gross Revenue (2020-2023); - Includes ±110 Cars / Truck Inventory; - Established Dealership 15+ Years in Business
    (201) 279-8442
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    290 Pennsylvania Ave Paterson, NJ 07503
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    Paterson, NJ 07503
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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
    290 Pennsylvania Ave Paterson, NJ 07503
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