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Open-Plan Storefront Suite
For Lease
$3,000/Mo

5 Smith St, Paterson, NJ 07505

Approved construction plans are available to guide a tenant’s build-out of the commercial space.

Space Size1,245 SF
Days on Market107

Property Features for 5 Smith St

General Information

Standard status Active
Size 1,245 SF
Net Rentable 1,245 SF
Zoning Commercial

Space & Availability

Available Space 1,245 SF
Contiguous Space 1,245 SF

Building Details

Year Built 1931
Listing Agency: Exp Realty, LLC
Listed By: David H Vanegas · License #280293
Source: Cammarotarealestate
Added: Jul 9 Changed: Oct 22 Last Checked: Oct 22 at 2:25PM

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 Exp Realty, LLC

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Investment Insights

Based on property information with market context.

This storefront offers approximately 1,245 square feet of open commercial space, with approved construction plans available. The interior can be configured for a range of business concepts, including retail, office, salon, café, or studio use. The property was built in 1931 and is zoned Commercial.

At 5 Smith St in Paterson, the space is directly across from Paterson Center City Mall. Nearby businesses, shopping, restaurants, and public transportation add to the surrounding commercial setting.

Key Highlights

  • Approximately 1,245 square feet of open commercial space
  • Approved construction plans are available
  • Directly across from Paterson Center City Mall

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center

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
$4.34 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,375
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Apparel 20% Groceries 9%
Dollar Tree Shops & Services
27,068 visits/mo 0.4 miles
Wells Fargo Shops & Services
9,843 visits/mo 0.2 miles
Dollar General Shops & Services
9,288 visits/mo 0.2 miles
Mandee Apparel
7,832 visits/mo 0.5 miles
Family Dollar Shops & Services
7,197 visits/mo 0.5 miles

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

Market

Lease Benchmarks for Paterson, NJ

$34.05 /SF/Yr
Avg Asking Price
$26.48–$44.44 /SF/Yr
Price Range
2,426 SF
Avg Space Size

This space is priced 15% below the average of $34.05 /SF/Yr.

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?
Storefront property - Approved construction plans are available to guide a tenant’s build-out of the commercial space.
Where is this storefront property located?
The property is located at 5 Smith St Paterson, NJ.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Approximately 1,245 square feet of open commercial space; Approved construction plans are available; Directly across from Paterson Center City Mall
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