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Versatile Industrial Land in Paterson

21 - 27 Florida Paterson, NJ 07503

21 - 27 Florida, Paterson, NJ, 07503
$4,980,000
For Sale
$4,980,000

Two adjoining lots totaling 0.85 acres in Paterson's I-2 Zone.

Lot Size0.85 Acres
Days on Market636

Property Features for 21 - 27 Florida

General Information

Standard status
Active
Lot size
0.85 Acres
Property subtype
Commercial
Listing Agency CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP-MAHWAH/SADDLE RIVER REGIONAL OFFICE
Listed by ANDREW GISONNA
Source Corcoran
Added: Oct 22, 2024 Checked: Jul 19 at 4:16 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP-MAHWAH/SADDLE RIVER REGIONAL OFFICE


Investment Insights

Based on property information with market context.

This offering features two adjoining lots, located at 21-27 Florida Ave and 198-208 Pennsylvania Ave, in Paterson's I-2 Industrial Zone. The combined area totals 0.85 acres of industrial land, presenting multiple development opportunities, including industrial, storage, and commercial uses. The property is located on Pennsylvania and Florida Avenues, providing access to industrial and commercial routes near Railway Avenue. The existing structure can be demolished to maximize the usability of the lots for a larger-scale project. Lot 3 on Pennsylvania Ave is Class 4A with approximate 2024 taxes of $27,400. Lot 4 on Florida Ave is Class 4B with approximate 2024 taxes of $10,500.

Key Highlights

  • 0.85 acres of versatile industrial land in Paterson's I‑2 Industrial Zone.
  • Excellent access to key industrial and commercial routes via Pennsylvania and Florida Avenues.
  • Multiple development opportunities: industrial, storage, and commercial uses.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Real Estate Agency Gym & Fitness Center Law Firm Skin Care Clinic Dental Office Storage Facility Hotel & Motel Spa & Massage Center Parking Lot & Garage Accounting Firm

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

FAQs

What type of property is this?
Industrial land - Two adjoining lots totaling 0.85 acres in Paterson's I-2 Zone.
Where is this industrial land located?
The property is located at 21 - 27 Florida Paterson, NJ.
What is the asking price?
The asking price for this property is $4,980,000.
What are key features of this property?
This property features: 0.85 acres of versatile industrial land in Paterson's I‑2 Industrial Zone.; Excellent access to key industrial and commercial routes via Pennsylvania and Florida Avenues.; Multiple development opportunities: industrial, storage, and commercial uses.
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