Technical
Financial
Distress signals
Property profile

370 Main St Paterson, NJ 07505

OFF-MARKET
Commercial real estate
Property ID
US59-2477550
4,854 SF 0.04 ac lot
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 4,854 SF
Lot 0.04 ac (1,800 SF)
Zoning code B-4
APN 08 04709-0000-00011
UPID US59-2477550

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Brewery & Distillery Specialty Food Shop

Location

370 Main St Paterson, NJ 07505-1867
Paterson metro Census 181800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2012
4 recorded transactions
2017
Price N/A
2012
Price N/A
2005
$210,000
1969
Price N/A

Zoning & alternative use

B-4 · Paterson, NJ
Zoning description

H. B‐4 Central Business District: The purpose of this district is to foster the development of a vibrant, pedestrian‐friendly, and accessible downtown that is the center of commerce and civic activity. The Central Busine…

General category CIVIC_INSTITUTIONAL

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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