Property profile

111 Pennsylvania Ave 117 Paterson, NJ 07503

OFF-MARKET
Industrial properties
Property ID
US59-2177220
11,649 SF 0.34 ac lot
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Total area 11,649 SF
Lot 0.34 ac (15,000 SF)
Zoning code MU
APN 08 07302-0000-00004
UPID US59-2177220

Cap rate & NOI

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

Location

111 Pennsylvania Ave, Unit 117 Paterson, NJ 07503-2509
Paterson metro Census 183102 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$500k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

MU · Paterson, NJ
Zoning description

I. MU Mixed Use District: The MU Mixed Use District is intended to permit a mixture of commercial and industrial uses in appropriate locations in accordance with the City's Master Plan. This district is intended to creat…

General category MIXED_USE

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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