Fully Leased School
For Sale
Contact for pricing
137 ELLISON ST, Paterson, NJ 07505
Fully rented school facility with 15 classrooms and two cafeterias, near public parking and transit.
Property Size28,524 SF
Price / SF$122.70
Days on Market99
Property Features for 137 ELLISON ST
General Information
Standard status
Active
Size
28,524 SF
Property subtype
Office
Occupancy
100%
Additional Details
Cap Rate
9%
Highway Access
Yes
Building Details
Stories
4
Units
1
Tenancy
Single
Listing Agency:
Nicholas Real Estate Agency
Listed By:
Nicholas Tselepis · License #7821189
(973) 725-3778
Source:
Crexi
Added: May 29
Changed: Sep 3
Last Checked: Sep 1 at 1:41AM
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 Nicholas Real Estate Agency
Investment Insights
Based on property information with market context.
This fully leased school building includes 15 classrooms and two cafeterias within approximately 28,524 square feet. The property is currently fully rented, and the tenant is in place through 2029.
The building is located in the center of town near City Hall and the Public Safety Building, with nearby public parking. Transit access is close by, including a bus stop at the corner and a train located about a half block away.
The property is also described as being near multiple major highways, including Routes 19, 20, 3, 80, 46, and the Parkway, supporting convenient regional access.
The building is located in the center of town near City Hall and the Public Safety Building, with nearby public parking. Transit access is close by, including a bus stop at the corner and a train located about a half block away.
The property is also described as being near multiple major highways, including Routes 19, 20, 3, 80, 46, and the Parkway, supporting convenient regional access.
Key Highlights
- 28,524 SF school building is currently fully rented
- Includes 15 classrooms and 2 cafeterias
- Tenants in place until 2029
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,442
Businesses Nearby
Explore this area
Business Placement
Demographics for 07505, NJ
3,215
Population
1,692
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
71%
High-School Grad
0.2 sq mi
ZIP Area
16,075
Density / Sq Mi
$33,311
Median Household Income
$33,520
Median Earnings
$1,113
Median Rent
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Fully rented school facility with 15 classrooms and two cafeterias, near public parking and transit.
Where is this school located?
The property is located at 137 ELLISON ST Paterson, NJ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 28,524 SF school building is currently fully rented; Includes 15 classrooms and 2 cafeterias; Tenants in place until 2029
