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    15 Paterson Ave Little Falls, NJ 07424
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    Property profile & analytics

    15 Paterson Ave, Little Falls, NJ 07424

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    • Commercial real estate
    • 4,175 SF
    • 0.10 lot acres
    New Construction Restaurant Space For Lease
    $210,700 SF/Yr
    4,500 SF

    New Construction Restaurant Space

    Newly built restaurant suite with high ceilings, large glazing, and drive-up access, suited for upscale hospitality concepts.

    15 Paterson Ave, Little Falls, NJ 07424
    View Listing
    Property ID
    US59-1557076
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $875,000
    Cap Rate Potential
    5.7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 15 Paterson Ave

    Year built
    1919
    Construction
    CONCRETE BLOCKS
    Lot size
    0.10 lot acres
    Property type
    Commercial real estate
    APN
    05 00111-0000-00009
    APU
    500111000000009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 1, 2025 — 15patterson LLC — Deed · related $2.4M · Spencer Savings Bank Sla
    May 25, 2023 $850,000 15patterson LLC Kv Realty LLC Deed —
    Mar 17, 2021 — Kv Realty Limited Liability Company — Deed · related $3.7M · Valley Bank
    Aug 28, 2018 $587,000 Kv Realty LLC Yoder William L JR Grant Deed —
    May 7, 2001 — Crane Motor Shop LLC Yoder,william Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $915,000
      ML approach
      $950,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $865,000
      6.5%
      $800,000
      7%
      $740,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $635,000
      Market price range: $636k - $1.25M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $915,000
      Current use
      OFFICE BUILDING
      $770,000
      Change: -16% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Little Falls
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.2271
    Latitude
    40.8818
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,278
    $133,500
    $209,700
    $343,200
    -
    $133,500
    $209,700
    $343,200
    View Listing
    More about this property
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