Property profile

189 Pennsylvania Ave 193 Paterson, NJ 07503

OFF-MARKET
Industrial properties
Property ID
US59-1166638
10,819 SF 0.26 ac lot
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 10,819 SF
Lot 0.26 ac (11,250 SF)
Zoning code MU
APN 08 07202-0000-00020
UPID US59-1166638

Cap rate & NOI

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

Location

189 Pennsylvania Ave, Unit 193 Paterson, NJ 07503-2118
Paterson metro Census 183102 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
$1.29M
Blend (final) Blend
$445k

Owner & transaction history

since 2007
5 recorded transactions
2020
Price N/A
2019
Price N/A
2007
$750,000
2002
$480,000
1969
Price N/A

Zoning & alternative use

MU · Paterson, NJ
Zoning description

I. MU Mixed Use District: The MU Mixed Use District is intended to permit a mixture of commercial and industrial uses in appropriate locations in accordance with the City's Master Plan. This district is intended to creat…

General category MIXED_USE

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 189 Pennsylvania Ave, Unit 193?
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