Technical
Financial
Distress signals
Property profile

404 Grand St Paterson, NJ 07505

OFF-MARKET
Industrial properties
Property ID
US59-3185079
1.35 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Lot 1.35 ac (58,806 SF)
Zoning code I-1
APN 08 06103-0000-00001
UPID US59-3185079

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
  • Industrial Manufacturer Production Facility
  • (Bike/Boat/Book/etc) Store Printing Service
  • Storage Facility
  • HVAC Service General Contractor

Location

404 Grand St Paterson, NJ 07505-2045
Paterson metro Census 182200 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
by Request
Blend (final) Blend
$26.26M

Owner & transaction history

since 2022
Last sale
$26.0M
7 recorded transactions
2022
$26.0M
2019
Price N/A
2018
Price N/A
2011
Price N/A
2005
$5.5M
2004
$1.1M
1969
Price N/A

Zoning & alternative use

I-1 · Paterson, NJ
Zoning description

J. I‐1 Light Industrial District: The intent of the I‐1 Light Industrial District is to provide for a wide variety of light manufacturing, fabricating, processing, wholesale, distribution and warehousing uses in a settin…

General category INDUSTRIAL

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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