Property profile

417 8Th Ave Paterson, NJ 07514

OFF-MARKET
Land
3.01 ac lot
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Property summary

AI-generated overview

This exceptional 3.01-acre commercial land parcel presents a remarkable opportunity for developers and investors seeking a prime location in Paterson, New Jersey. Situated at 417 Eighth Avenue, Galloway, Atlantic County, NJ 07514 (latitude 40.9279385, longitude -74.1431414), this property offers significant potential for various commercial ventures. The expansive lot size provides ample space for a wide range of development projects, allowing for substantial buildable area and flexibility in design. Its strategic location within Paterson offers excellent accessibility and visibility, ensuring high traffic flow and potential for strong returns on investment. The property is zoned for commercial use, simplifying the development process and minimizing potential delays. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a thriving New Jersey market. The property's size and location make it suitable for a variety of commercial developments, from retail spaces and office buildings to industrial facilities or mixed-use projects. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed zoning information and site plans are available upon request. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing area. Act quickly, as opportunities like this are seldom available.

Property profile

Verified
Property type Land
Lot 3.01 ac (131,116 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

417 8Th Ave Paterson, NJ 07514
Paterson metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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