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Property profile & analytics

172 Lyon St Paterson, NJ 07524-1934

  • Commercial real estate
  • 0.06 lot acres
OFF-MARKET
Last Sale
Dec 10, 2020
$360,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1683769
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.

Current Use by Public Records

  • Commercial real estate

Property Details for 172 Lyon St

Lot size
0.06 lot acres
Zone code
R-2
Property type
Commercial real estate
APN
08 02922-0000-00016
APU
802922000000016

Description

This unique investment property located at 172 Lyon Street in Paterson, New Jersey, presents a compelling opportunity for discerning buyers. Priced at $650,000, this property offers significant potential for a variety of uses, given its classification as "Other" within the property type designation. The property sits on a lot with zero acres of land. The square footage is not currently specified, requiring further due diligence from interested parties. The address is confirmed as 172 Lyon Street, Paterson, NJ. Given the lack of detailed information regarding the property's size and specific features, potential buyers are strongly encouraged to conduct a thorough site visit and independent assessment to determine its suitability for their intended purpose. This could include, but is not limited to, a comprehensive property inspection, review of relevant zoning regulations, and market analysis to ascertain potential rental income or resale value. The absence of specific details underscores the need for a proactive approach to due diligence, allowing potential investors to fully understand the property's potential and associated risks before making an offer. This property is being offered as-is, and all interested parties are responsible for conducting their own due diligence. The asking price of $650,000 reflects the current market conditions and the property's unique characteristics.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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


Location Insight

  • Map
  • Local Demand
City
Paterson
County
Passaic
State
New Jersey
Longitude
-74.1571
Latitude
40.9286
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
$2,511
$43,000
$11,100
$54,100
-
$43,000
$11,100
$54,100
More about this property
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