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70 Ct St Paterson, NJ 07503

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For Sale
$19,800,000

Redevelopment opportunity near St. Joseph's University Medical Center.

Building Details

Year built
1940

Source: CHRISTIE'S INT. REAL ESTATE GROUP Agent ANDREW GISONNA

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


Overview

Paterson Redevelopment Opportunity Near Hospital

This property presents a unique redevelopment opportunity in Paterson's Area 11, offering multiple possibilities due to its lot size and proximity to St. Joseph's University Medical Center. The existing buildings can be repurposed or demolished for new construction. A newer construction medical facility on the property could serve as an expansion point. The land is suitable for various uses, including ancillary medical facilities, residential, retail, or a storage facility. While currently classified as 4A, there is potential for zoning changes or variances to allow for more intensive uses. Owner financing is available.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Paterson
County
Passaic
State
New Jersey
Longitude
-74.1545
Latitude
40.8977

FAQs

What type of property is this?
Commercial land - Redevelopment opportunity near St. Joseph's University Medical Center.
Where is this commercial land located?
The property is located at 70 Ct St Paterson, NJ.
What is the asking price?
The asking price for this property is $19,800,000.
What are key features of this property?
This property features: - Redevelopment potential in Paterson's Area 11.; - Proximity to St. Joseph's University Medical Center.; - Existing newer construction medical facility on the property.
More about this property
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