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    447 Mcbride Ave Paterson, NJ 07501

    For Sale
    $475,000

    Mixed-use commercial/residential property with showroom, apartment, and workspace.

    Lot size:
    0.05 Acres

    Property Features for 447 Mcbride Ave

    General Information

    Lot size
    0.05 Acres

    Source: HOWARD HANNA RAND REALTY Agent GENE LOWE

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

    Overview

    Mixed-Use Property in Paterson

    This mixed-use commercial and residential property is located on McBride Avenue in Paterson. The first floor features a showroom space suitable for displaying merchandise. Behind the showroom, there is an office, a workshop, and a full bathroom equipped with a tub shower and sink. The second floor contains a full apartment with 2 bedrooms, a full bathroom, a living room, and an eat-in kitchen. The second-floor apartment provides access to a finished attic space, which is currently used as a home office and workshop. The property includes a fully fenced backyard that offers space for outdoor activities.
    Insight Report Location Intelligence

    Current Use by Public Records

    De Franco's Lock ... Locksmith

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.193678
    Latitude
    40.9084169

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use commercial/residential property with showroom, apartment, and workspace.
    Where is this mixed-use property located?
    The property is located at 447 Mcbride Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Mixed-use property with commercial space downstairs and a residential apartment upstairs; - First-floor commercial space featuring a showroom, office, workshop, and full bathroom; - Second-floor apartment: 2 bedrooms, full bathroom, living room, and eat-in kitchen
    (973) 694-6500
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    447 Mcbride Ave 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
    447 Mcbride Ave Paterson, NJ 07501
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