Property profile

130-134 2nd Ave 134 Paterson, NJ 07514

OFF-MARKET
Industrial properties
Property ID
US59-1756854
86,430 SF 1.84 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Total area 86,430 SF
Lot 1.84 ac (80,000 SF)
Zoning code I-2
APN 08 02308-0000-00001
UPID US59-1756854

Cap rate & NOI

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

Location

130-134 2nd Ave, Unit 134 Paterson, NJ 07514-1515
Paterson metro Census 181000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.51M
Blend (final) Blend
$7.69M

Owner & transaction history

since 2015
5 recorded transactions
2015
$3.3M
2003
$1.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-2 · Paterson, NJ
Zoning description

K. I‐2 Heavy Industrial District: The intent of the I‐2 Heavy Industrial District is to provide land for more intense types of industrial and manufacturing uses excluding those with nuisance characteristics. While the ma…

General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 130-134 2nd Ave, Unit 134?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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