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    368 Paterson Ave East Rutherford, NJ 07073

    For Sale
    $999,999

    Newer construction multifamily property in desirable East Rutherford location.

    Source: Logistics Real Estate Services

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

    Overview

    East Rutherford Multifamily Investment Opportunity

    This is a newer construction multifamily property located in East Rutherford. The property features modern, open floor plans and was designed and built by a well-known and respected developer. The property is fully occupied, with residential tenants on month-to-month agreements. The store has a lease with an option. The location offers proximity to bus lines and shopping, with easy access to highways. A tax appeal is in progress.
    Insight Report Location Intelligence

    Current Use by Public Records

    Nita's Threading Salon Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Poppies Florist, Rutherford Florist, The Blooming Basket, Park Floral, Stop & Shop Florist

    Location Insight

    • Map
    • Local Demand
    City
    East Rutherford
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.0999489
    Latitude
    40.8376314

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    FAQs

    What type of property is this?
    Storefront property - Newer construction multifamily property in desirable East Rutherford location.
    Where is this storefront property located?
    The property is located at 368 Paterson Ave East Rutherford, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Newer Construction; - Great Location: Close to Bus, Shopping, and Highways; - Modern and Open Floor Plans
    (201) 250-4680
    Request Owner's contact information
    368 Paterson Ave East Rutherford, NJ 07073
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    East Rutherford, NJ 07073
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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
    368 Paterson Ave East Rutherford, NJ 07073
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