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    64 State St Paterson, NJ 07501

    For Sale
    $395,000

    Single-story commercial building with mechanic shop for sale.

    Lot size:
    0.06 Acres

    Property Features for 64 State St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1930

    Source: CENTURY 21 A.G. REALTY GROUP Agent ALEXIS GUILLIANI

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

    Overview

    Commercial Building with Mechanic Shop

    This single-story commercial building offers 1,820 square feet of usable space and is currently configured as a mechanic shop, which is included in the sale. The property is suitable for automotive service or other commercial or light industrial uses. The sale includes hydraulic and hand lifts. Personal items and hand tools are not included. The property is located in a high-visibility area with accessibility to local neighborhoods, main roads, and major highways.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chelmy Auto Repair Auto Repair Shop Complete Auto Repair Auto Repair Shop

    Suggested Use

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

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

    Similar Places Nearby

    L J Collision, Top Auto Performance LLC, Del Monico Auto Body, DU-TE Towing, iCustomize

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.161992
    Latitude
    40.9080216

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    FAQs

    What type of property is this?
    Auto shop - Single-story commercial building with mechanic shop for sale.
    Where is this auto shop located?
    The property is located at 64 State St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Mechanic shop business included, offering immediate income potential; - 1,820 sq. ft. of usable commercial space; - Hydraulic and hand lifts included
    (973) 928-3330
    Request Owner's contact information
    64 State St Paterson, NJ 07501
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    Paterson, NJ 07501
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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
    64 State St Paterson, NJ 07501
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