70 - 96 Levine Paterson, NJ 07503

Listing Agency CHRISTIE'S INTERNATIONAL REAL ESTATE GROUP-MAHWAH/SADDLE RIVER REGIONAL OFFICE A***@christiesrennj.com Show Phone

Listed by ANDREW GISONNA

Source Corcoran

Added: Oct 22, 2024 Checked: Jul 19 at 4:12 am

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Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity in Paterson's Area 11, offering multiple possibilities due to its lot size and proximity to St. Joseph's University Medical Center. Existing buildings can be repurposed, or the site can be cleared for new construction. A newer construction medical facility is present on the property, potentially serving as an expansion point. The land is suitable for various uses, including ancillary medical facilities, residential, retail, or a storage facility. Currently classified as 4A, there is potential for zoning changes or variances to allow for more intensive uses.

Key Highlights

• Redevelopment potential in Paterson's Area 11.
• Proximity to St. Joseph's University Medical Center.
• Newer construction medical facility on the property.

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FAQs

What type of property is this?

Commercial land - Redevelopment potential near St. Joseph's University Medical Center.

Where is this commercial land located?

The property is located at 70 - 96 Levine Paterson, NJ.

What is the asking price?

The asking price for this property is $19,800,000.

What are key features of this property?

This property features: Redevelopment potential in Paterson's Area 11.; Proximity to St. Joseph's University Medical Center.; Newer construction medical facility on the property.