Listing Agency: KELLER WILLIAMS TEAM REALTY g***@gershgroup.com Show Phone

Listed By: GERSHON ADJAYE · License #0231787

Source: Corcoran

Added: Nov 13, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:33AM

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Investment Insights

Based on property information with market context.

This is a fully approved corner lot with an area of 8,593.34 square feet. It is a residential development site approved for 36 units. The property is delivered permit-ready with construction drawings. The lot will be delivered fully cleared, with the building structure demolished by the seller. It is located in a highly desirable and marketable section of Paterson, New Jersey, complemented by many newer developments in the area.

Key Highlights

• Permit‑ready 36‑unit residential development site
• Fully approved corner lot (8,593.34 sf)
• Construction drawings included

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Accounting Firm Veterinary Clinic Pet Grooming Service Nursing Home Catering Service

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

1,827

Businesses Nearby

Explore this area Business Placement

Demographics for 07503, NJ

19,893

Population

6,560

Households

3

Avg Household Size

35

Median Age

15%

College-Educated

78%

High-School Grad

1.5 sq mi

ZIP Area

13,262

Density / Sq Mi

$60,295

Median Household Income

$35,611

Median Earnings

$1,605

Median Rent

$314,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Permit-ready residential development site in a desirable Paterson location.

Where is this residential land & home lot located?

The property is located at 229-235 Marshall Paterson, NJ.

What is the asking price?

The asking price for this property is $3,050,000.

What are key features of this property?

This property features: Permit‑ready 36‑unit residential development site; Fully approved corner lot (8,593.34 sf); Construction drawings included