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Land with Multi-Unit Build Approval

126 Straight Street, Paterson, NJ 07501

For Sale
$370,000

Land approved for multi-unit construction with tax abatement.

Property SizeContact for details
Days on Market703

Property Features for 126 Straight Street

General Information

Standard status Active
Property subtype LAND
Listing Agency: Quality Homes Real Estate
Listed By: Frederick L. Thomas III
Source: Tarvinrealtors
Added: Dec 7, 2024 Changed: Nov 7 Last Checked: Nov 8 at 3:46PM

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 Quality Homes Real Estate

Rey
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Investment Insights

Based on property information with market context.

This property features land approved for a multi-unit construction project. Plans are included, and the property benefits from a thirty-year tax abatement. It is suitable for someone experienced in construction.

Key Highlights

  • Approved plans and land included for multi‑unit build.
  • Thirty‑year tax abatement offers potential for significant tax savings.
  • Project suitable for experienced construction professionals.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,566
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land approved for multi-unit construction with tax abatement.
Where is this residential land & home lot located?
The property is located at 126 Straight Street Paterson, NJ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Approved plans and land included for multi‑unit build.; Thirty‑year tax abatement offers potential for significant tax savings.; Project suitable for experienced construction professionals.
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