Self-Storage Redevelopment
182 Ellison Street, Paterson, NJ 07505
For Sale
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Approved plans call for a climate-controlled facility within an existing downtown Paterson structure.
Property Size85,617 SF
Price / SF$23.36
Days on Market14
Property Features for 182 Ellison Street
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Building Details
Building Size
Listing Agency:
Franklin Street Tampa
Listed By:
David Perlleshi · License FL #333662
(914) 365-0752
Source:
Crexi
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 10 at 9:10AM
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 Franklin Street Tampa
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Investment Insights
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At 182-184 Ellison Street, an existing 85,617-square-foot structure is approved for conversion to a climate-controlled self-storage facility. The proposed plan includes 1,000 units and 53,250 NRSF. The property is located in downtown Paterson, New Jersey, approximately 15 miles northwest of New York City.
Within three miles, reported self-storage supply is 4.3 square feet per capita and the population is 278,651. The five-mile area has 570,292 residents. The project is fully entitled, with a pro forma cap rate of 11.35%.
Within three miles, reported self-storage supply is 4.3 square feet per capita and the population is 278,651. The five-mile area has 570,292 residents. The project is fully entitled, with a pro forma cap rate of 11.35%.
Key Highlights
- Approved conversion of an existing 85,617‑square‑foot structure to self‑storage
- Proposed climate‑controlled facility with 1,000 units and 53,250 NRSF
- Fully entitled redevelopment project
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,534
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Self storage facility - Approved plans call for a climate-controlled facility within an existing downtown Paterson structure.
Where is this self storage facility located?
The property is located at 182 Ellison Street Paterson, NJ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approved conversion of an existing 85,617‑square‑foot structure to self‑storage; Proposed climate‑controlled facility with 1,000 units and 53,250 NRSF; Fully entitled redevelopment project
