16 Bloomfield Ave Paterson, NJ 07503
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.
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H&A Auto Parts Car Dealership
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GI auto parts Big Box & Wholesale Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.