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    19 Park St Paterson, NJ 07501

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    For Sale
    $100,000

    Fully renovated commercial property with high visibility and easy access.

    Property Features for 19 Park St

    General Information

    Standard status
    Active

    Source: WEICHERT REALTORS, JERSEY CITY Agent SANDY CUEVAS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Commercial Property For Sale

    The commercial property, located in Paterson, NJ, was fully renovated in 2024. The versatile business space features a modern layout, a half bathroom, and a full basement suitable for storage or operations. Situated in a high-visibility area, the property benefits from steady foot and vehicle traffic, as well as convenient access to major highways and public transportation. This property presents a turnkey opportunity for entrepreneurs or investors seeking to establish or expand their business in a thriving commercial corridor.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1618092
    Latitude
    40.8984005

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    FAQs

    What type of property is this?
    Commercial land - Fully renovated commercial property with high visibility and easy access.
    Where is this commercial land located?
    The property is located at 19 Park St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Fully renovated in 2024, offering a modern and updated business space.; - Prime commercial location at 249 Straight St, Paterson, NJ 07501, with high visibility and steady traffic.; - Versatile layout suitable for various business types.
    Request Owner's contact information
    19 Park St Paterson, NJ 07501
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    Paterson, NJ 07501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Park St Paterson, NJ 07501
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