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Storefront at Carroll and Broadway
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295 Broadway Unit A, Paterson, NJ 07514

Store front at Carroll and Broadway

Space Size1,000 SF
Days on Market285
Rey
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Property Features for 295 Broadway Unit A

General Information

Standard status Active
Property type Retail properties & Spaces
Size 1,000 SF
Class B
Total Parking Spaces 1
Elevators No
Lease Type Gross
Lease Term 1-2 Years
Rate Type Monthly

Building Details

Year Renovated 2010
Buildings 1
Stories 2
Listed By: Ben Shah
Added: Jan 3 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 1,000-square-foot storefront is located at the corner of Carroll and Broadway in Paterson, New Jersey. The unit features one bathroom and four exam rooms. It is situated on a corner unit with a signal light in a cleaned-up area that is the heart of Paterson. The property is located in a neighborhood with new buildings. It is suitable for a tobacco shop or miscellaneous retail. The property was previously used as a doctor's office.

Property Analytics

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Current Use

Savino Steve DDS Dental Office Jammin Jamaican Kitchen Restaurant Chavez Income Tax ... Tax Preparation Ginoostar Hair Braiding Hair Salon Michael Lewis Physician

Suggested Use

Top Pick Real Estate Agency Garden Center Catering Service Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Dining 38% Groceries 23% Hotels & Casinos 1%
McDonald's Dining
17,885 visits/mo 0.1 miles
C-Town Supermarkets Groceries
13,058 visits/mo 0.5 miles
Citgo Shops & Services
10,290 visits/mo 0.1 miles
BP Shops & Services
7,758 visits/mo 0.4 miles
KFC Dining
6,970 visits/mo 0.1 miles

Demographics for 07514, NJ

19,200
Population
6,752
Households
2.8
Avg Household Size
37
Median Age
12%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
21,333
Density / Sq Mi
$65,492
Median Household Income
$34,962
Median Earnings
$1,472
Median Rent
$314,400
Median Home Value
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Market

Lease Benchmarks for Paterson, NJ

$34.05 /SF/Yr
Avg Asking Price
$26.48–$44.44 /SF/Yr
Price Range
2,087 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail property - Store front at Carroll and Broadway
Where is this retail property located?
The property is located at 295 Broadway Unit A Paterson, NJ.
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