99 5Th St Paterson, NJ 07524
- Warehouses
- 79,650 SF
Current Use by Public Records
- Warehouses
Property Details for 99 5Th St
- Year built
- 1950
- Property size
- 79,650 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional industrial property, located at 99 E 5th Avenue in Patterson, Passaic County, NJ, offers 90,000 square feet of warehouse space, ideal for a single tenant. The building, originally constructed in 1950 and extensively renovated in 2024, boasts a range of desirable features. The space includes a substantial 9,300 square foot second floor accessible via a freight elevator, along with 1,350 square feet of dedicated office space. Ample parking is provided with 25 spaces on-site. High ceilings, ranging from 12 to 30 feet, accommodate various operational needs. The property benefits from two drive-in doors and two tailgates, ensuring efficient loading and unloading. Safety is prioritized with a wet sprinkler system throughout. A significant advantage is the active rail spur, providing direct rail access for shipping and receiving. The electrical system is robust, offering more than 4,000 amps of 240/480v power. The property's 2020 tax rate was $1.80 per square foot. This former Frost King building presents a rare opportunity to acquire a fully renovated, heavy industrial warehouse with exceptional features and convenient rail access.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1638
- Latitude
- 40.9327
