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Vacant High-Visibility Land Parcel

493-497 Union Avenue Paterson, NJ 07522

493-497 Union Avenue, Paterson, NJ, 07522
$899,000
For Sale
$899,000

Vacant land currently used for parking in an R-3 zone, with street-side utility hook-up available.

Lot Size0.29 Acres
Days on Market49

Property Features for 493-497 Union Avenue

General Information

Standard status
Active
Lot size
0.29 Acres
Property subtype
Lots And Land
Listing agency NICHOLAS REAL ESTATE AGENCY
Listed by NICHOLAS TSELEPIS · License #236690
Source Compass
Added: Jun 3 Updated: Jul 21 at 5:31PM Checked: Jul 21 at 5:31PM

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 NICHOLAS REAL ESTATE AGENCY


Investment Insights

Based on property information with market context.

This vacant land parcel totals 12,500 square feet and is currently utilized for parking. The property sits within the R-3 zone and may offer redevelopment opportunities, with utility hook-up available in the street.

The parcel is described as a high-visibility location, with convenient access to major highways, transportation, shopping, and restaurants.

As presented, the site provides a ready-to-use parking configuration while offering a path for future development in the R-3 zone.

Key Highlights

  • 12,500 SF vacant lot currently used for parking
  • Located in an R‑3 zone
  • Street‑side utility hook‑up available

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Catering Service Nursing Home Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Pet Grooming Service Pet Store

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

FAQs

What type of property is this?
Commercial land - Vacant land currently used for parking in an R-3 zone, with street-side utility hook-up available.
Where is this commercial land located?
The property is located at 493-497 Union Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 12,500 SF vacant lot currently used for parking; Located in an R‑3 zone; Street‑side utility hook‑up available
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More about this property
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