Property profile

286 21st Ave 288 Paterson, NJ 07501

OFF-MARKET
Industrial properties
Property ID
US59-1961943
2,400 SF 0.11 ac lot
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction FRAME
Total area 2,400 SF
Lot 0.11 ac (5,000 SF)
Zoning code B-2
APN 08 06503-0000-00002
UPID US59-1961943

Cap rate & NOI

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

Location

286 21st Ave, Unit 288 Paterson, NJ 07501-3521
Paterson metro Census 182800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2004
7 recorded transactions
2019
Price N/A
2013
Price N/A
2004
$1.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
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
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