Property summary
This exceptional Paterson, New Jersey industrial property presents a unique investment opportunity. The 3,000 square foot building sits on a sizable 0.9-acre lot, offering ample space for various operations. Currently configured as an auto repair and salvage yard, the property is zoned for this specific use, providing immediate operational potential. The single-story building features a 12-foot ceiling height, providing excellent vertical clearance for storage or equipment. The property's address is 16 Bloomfield Avenue, Paterson, NJ 07503, conveniently located within Passaic County. Its strategic location offers easy access to major transportation routes, enhancing logistical efficiency. This property is ideal for established businesses seeking expansion or entrepreneurs looking to establish a new venture in a well-defined industrial zone. The sale is directly from the owner, offering a streamlined transaction process. The property's size and zoning make it suitable for a range of industrial uses, presenting a versatile investment opportunity with significant potential for future growth and development. Serious inquiries are encouraged to explore this promising property further.
Property profile
VerifiedCap rate & NOI
Current use
-
Car Dealership
-
Big Box & Wholesale Store Auto Parts Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight