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Multi-Build Warehouse with Offices
For Lease
$22,440,000

553-587 31st St, Paterson, NJ 07513

Freestanding warehouse totaling 102,000 sq. ft. on 3.4 acres, with office space in each section and ceiling heat.

Space SizeContact for details
Lot Size3.40 Acres
Days on Market53

Property Features for 553-587 31st St

General Information

Standard status Active
Lot size 3.40 Acres
Property subtype Commercial
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Heavy Power Yes

Amenities

ceiling heating units
Listing Agency: Coldwell Banker, Fort Lee
Listed By: Elizabeth Roditi ()
Source: Fortuneluxuryrealty
Added: Jul 23 Changed: Sep 8 Last Checked: Sep 13 at 11:16AM

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 Coldwell Banker, Fort Lee

Investment Insights

Based on property information with market context.

This 102,000-square-foot warehouse facility is situated on 3.4 acres and includes multiple warehouse sections. Approximately 60,000 square feet was built in 1950, with an additional 40,000 square feet built around 1997. Each section has about 2,500 square feet of office space, supporting on-site administrative use for day-to-day operations.

The property is designed for straightforward access, with easy connections to Route 80, Route 46, and Route 21. The building will be delivered vacant and includes ceiling heating units. Electrical service is rated at 1,000 amps.

This is a functional warehouse configuration with integrated office space across sections, offered for lease with the property delivered ready for tenant occupancy.

Key Highlights

  • Freestanding 102,000 SF warehouse on 3.4 acres
  • Built with approx. 60,000 SF constructed in 1950 and approx. 40,000 SF built around 1997
  • Office space in each section, about 2,500 SF per section (approx. 5,000 SF total)

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Parking Lot & Garage Dental Office Veterinary Clinic

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

Lease Details

Yes
Heavy power
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07513, NJ

11,995
Population
3,299
Households
3.6
Avg Household Size
35
Median Age
12%
College-Educated
77%
High-School Grad
0.6 sq mi
ZIP Area
19,992
Density / Sq Mi
$64,320
Median Household Income
$34,274
Median Earnings
$1,606
Median Rent
$387,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Freestanding warehouse totaling 102,000 sq. ft. on 3.4 acres, with office space in each section and ceiling heat.
Where is this warehouse located?
The property is located at 553-587 31st St Paterson, NJ.
What is the lease rate?
The lease rate is $22,440,000.
What are key features of this property?
This property features: Freestanding 102,000 SF warehouse on 3.4 acres; Built with approx. 60,000 SF constructed in 1950 and approx. 40,000 SF built around 1997; Office space in each section, about 2,500 SF per section (approx. 5,000 SF total)
More about this property
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