Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    75 Wood St Paterson, NJ 07524
    Back to Search
    Property profile & analytics

    75 Wood St, Paterson, NJ 07524

    View on Map
    • Warehouses
    • 40,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Menu Solutions, Inc. / Industrial Manufacturer / Production Facility
    • Graphic Express Menu Co / Marketing & Advertising / Advertising Agency
    • Epoch Press / (Bike/Boat/Book/etc) Store

    Property Details for 75 Wood St

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 40,000-square-foot warehouse, located at 75 Wood Street in Paterson, New Jersey, presents a significant leasing opportunity. Situated on a 0.35-acre lot in Passaic County, this single-tenant property boasts a desirable industrial profile. The warehouse features a substantial 22-foot ceiling height, providing ample vertical storage space. Efficient loading and unloading are ensured by the presence of four loading docks and one drive-in door, facilitating smooth logistical operations. The entire 40,000 square feet is currently vacant and ready for immediate occupancy. The property's strategic location in Paterson, New Jersey, zip code 07524, offers convenient access to major transportation routes, making it an attractive option for businesses requiring efficient distribution networks. This warehouse is perfect for a variety of industrial uses and represents a compelling opportunity for businesses seeking a large, well-equipped space in a prime location. The property's size, features, and location combine to create a highly functional and desirable industrial space. Contact us today to learn more about this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1631
    Latitude
    40.9325

    Comparable in this City

    • Value Estimation by Request
      79,650 SF

      99 5Th Ave

      Distribution properties
      99 5Th Ave, Paterson, NJ 07524
      View Details
    • Value Estimation by Request
      79,650 SF

      99 5Th St

      Distribution properties
      99 5Th St, Paterson, NJ 07524
      View Details
    • Value Estimation
      $9,920,000
      92,932 SF

      28 Wood St, Unit 70

      INDUSTRIAL (GENERAL)
      28 Wood St, Paterson, NJ 07524-1008
      View Details
    • Value Estimation by Request
      1,750 SF

      260-262 10th Ave, Unit 262

      INDUSTRIAL (GENERAL)
      260-262 10th Ave, Paterson, NJ 07524-2706
      View Details
    • Value Estimation
      $540,000
      5,520 SF

      277-279 16th St, Unit 279

      INDUSTRIAL (GENERAL)
      277-279 16th St, Paterson, NJ 07524-2514
      View Details
    • Value Estimation
      $3,145,000
      30,232 SF

      116 5th St, Unit 122

      INDUSTRIAL (GENERAL)
      116 5th St, Paterson, NJ 07524-1416
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,000 SF

      Paterson Industrial Warehouse Opportunity

      10,000 SF Warehouse - Ideal for Lease or Sale
      209 15Th St, Paterson, NJ 07524
      View Details
    • Contact for pricing
      2,450 SF

      Renovated Commercial Building Ready

      Move-in ready, renovated commercial building with flexible space.
      207 E 15Th St, Paterson, NJ 07524
      View Details
    • Contact for pricing
      Pending

      Industrial Site Near I-80

      14,756 sqft industrial site with high ceilings and highway access.
      185-197 Warren St, Paterson, NJ 07524
      View Details
    • Contact for pricing
      Pending

      Industrial Warehouse with Fenced Yard

      4,500 SF industrial warehouse with 3,000 SF fenced yard.
      85 Sassafras St, Paterson, NJ 07524
      View Details
    • $1,000,000
      5,425 SF

      Paterson Warehouse For Sale

      5,425 sq ft warehouse available for purchase.
      277 East 16Th St, Paterson, NJ 07524
      View Details
    • Contact for pricing

      Industrial/Warehouse Building with Fenced Yard

      4,500 SF industrial/warehouse with 3,000 SF fenced yard.
      85-89 Sassafras St, Paterson, NJ 07524
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo

      Industrial Space in Paterson City

      Flex space suitable for light industrial, warehouse, or retail.
      386 River St, Paterson, NJ 07524
      View Details
    • Contact for pricing

      Industrial Warehouse Space Available

      Industrial warehouse space for rent in Paterson, New Jersey.
      75 Wood St, Paterson, NJ 07524
      View Details
    • Contact for pricing

      Industrial Building Near Passaic River

      10,000 SF industrial building for lease near Passaic River.
      Paterson, NJ 07524
      View Details
    • Contact for pricing
      22,000 SF

      Industrial Facility in Paterson, NJ

      102,000 square foot industrial facility available for lease.
      75-77 Wood St, Paterson, NJ 07524
      View Details
    • Contact for pricing
      2,614 SF

      New Construction Retail/Office Space

      New construction retail/office space available in 2026.
      587 River St, Paterson, NJ 07524
      View Details
    • $1,495 /Mo

      Professional Office Suite For Rent

      Second floor office suite with abundant natural light.
      250 Madison Ave, Paterson, NJ 07524
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    75 Wood St
    Paterson, NJ 07524
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    75 Wood St, Paterson, NJ, 07524
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!