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Land with Mixed-Use Development Plans
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156-158 N 1st St, Paterson, NJ 07522

Land with plans for 45 residential units and commercial space.

Property Size1,331 SF
Price / SF$1,465
Days on Market157

Property Features for 156-158 N 1st St

General Information

Standard status Active
Size 1,331 SF
Total Parking Spaces 38
Property subtype Land, Mixed Use, Multifamily, Retail
Listing Agency: Kislak Commercial Real Estate Services, Inc
Listed By: Davis Briones · License #NJ 1434187
Source: Crexi
Added: Mar 18 Changed: Aug 14 Last Checked: Aug 19 at 8:17AM

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 Kislak Commercial Real Estate Services, Inc

Investment Insights

Based on property information with market context.

The site features plans for a four-story building that includes 45 residential units and 1,331 square feet of commercial space. Located in Paterson, a historic industrial city in northern New Jersey, the site is approximately 20 miles northwest of New York City. Paterson's economy encompasses small businesses, retail, food distribution, healthcare, transportation, and light manufacturing. Redevelopment efforts are focused on attracting tourism, housing investment, and new businesses to the area. The site's location provides convenient access to public transportation, facilitating travel to New York City.

Key Highlights

  • Approved plans for a four‑story building with 45 residential units.
  • Includes 1,331 SF of commercial space.
  • Conveniently located near public transportation.

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

1,440
Businesses Nearby

Demographics for 07522, NJ

23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Land with plans for 45 residential units and commercial space.
Where is this commercial land located?
The property is located at 156-158 N 1st St Paterson, NJ.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approved plans for a four‑story building with 45 residential units.; Includes 1,331 SF of commercial space.; Conveniently located near public transportation.
More about this property
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