Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

162 Wabash Ave Paterson, NJ 07503

OFF-MARKET
Commercial real estate
Property ID
US59-1500085
9,712 SF
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 3,000-square-foot industrial space is perfectly situated at 162 Wabash Avenue, Unit REAR, in Paterson, New Jersey. Currently available for lease at a monthly rate of $3600, this property presents a fantastic opportunity for businesses seeking secure and ample storage solutions. The unit is located in a convenient Paterson location, offering easy access to major transportation routes. The space is ideal for a startup company or any business requiring a substantial amount of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value · 2024$650k
Assessed land$426k
Assessed improvement$225k
Effective rate4.90%

Value estimate

· Nov 2026
$430k
$387k – $473k
Submarket $/SF estimate$798k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$115 – $390
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MU
I. MU Mixed Use District: The MU Mixed Use District is intended to permit a mixture of commercial and industrial uses in appropriate loca...
General categoryMIXED_USE
JurisdictionPASSAIC

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.9
Skin Care Clinic15.4
Gym & Fitness15.3

Location

162 Wabash Ave Paterson, NJ 07503
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
61-65 Illinois, Paterson, NJ 07503-1722 $1,650,000 May 2025 9,039 SF
286-288 Pennsylvania, Paterson, NJ 07503-1719 $2,200,000 May 2025 9,000 SF
23 California, Paterson, NJ 07503-2517 $850,000 Apr 2025 6,387 SF
1255-1257 Madison, Paterson, NJ 07503-2612 $750,000 Jan 2025 5,328 SF
229 Marshall, Paterson, NJ 07503-3121 $400,000 Sep 2024 7,556 SF
1133-1135 Main, Paterson, NJ 07503-1331 $265,000 Jul 2024 7,050 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 162 Wabash Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved