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    Interstate 80 Paterson, NJ 07503

    Sponsored
    For Sale
    $500,000

    Turn-key operation, high cash flow.

    Property size:
    9,995 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This thriving, turn-key truck repair business in Paterson, NJ, is offered for $500,000. The 9,995 square foot facility boasts four spacious drive-in bays, ample parking (10,000 sq ft), and is strategically located near I-80, the Garden State Parkway, and Route 46, only 30 minutes from the Port of Newark. The business operates under a gross lease at $18,500 per month. It includes all equipment, experienced staff, and a loyal customer base, ensuring a smooth transition for the new owner. The business offers comprehensive truck repair and maintenance services, catering to the needs of the trucking industry. Its prime location within a major transportation hub presents significant growth potential, making this a rare opportunity to acquire a profitable, established operation with substantial upside. The property is zoned MU. This is a single-unit business, ideal for an owner-user investment.

    Property Features for 0 Interstate 80

    General Information

    Property type
    Investment properties
    Square Feet
    9,995 SF

    Building Details

    Units
    1

    HighLights

    • High‑cash‑flow business opportunity.
    • Excellent location: Minutes from I‑80, Garden State Parkway, and Route 46.
    • Convenient access to the Port of Newark (approx. 30‑minute drive).
    • Sale includes existing employees and furniture, fixtures, and equipment (FF&E).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.157517252372
    Latitude
    40.903117328158

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    FAQs

    What type of property is this?
    Investment property - Turn-key operation, high cash flow.
    Where is this investment property located?
    The property is located at Interstate 80 Paterson, NJ.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: High-cash-flow business opportunity.; Excellent location: Minutes from I-80, Garden State Parkway, and Route 46.; Convenient access to the Port of Newark (approx. 30-minute drive).
    (732) 613-8100
    Request Owner's contact information
    Interstate 80 Paterson, NJ 07503
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    Paterson, NJ 07503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Interstate 80 Paterson, NJ 07503
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