Property profile

170 16th Ave 172 Paterson, NJ 07501

OFF-MARKET
Industrial properties
Property ID
US59-1593793
0.11 ac lot
Entity Owned 19-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction FRAME
Lot 0.11 ac (4,876 SF)
Zoning code B-2
APN 08 04212-0000-00023
UPID US59-1593793

Cap rate & NOI

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

Location

170 16th Ave, Unit 172 Paterson, NJ 07501-2329
Paterson metro Census 182302 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2007
3 recorded transactions
2007
$260,000
2006
$260,000
1969
Price N/A

Zoning & alternative use

B-2 · Paterson, NJ
Zoning description

F. B‐2 Community Business District: The intent of the B‐2 Community Business District is to provide sufficient space in appropriate locations for a wide variety of commercial and service activities, serving a wider area…

General category COMMERCIAL

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 170 16th Ave, Unit 172?
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