Property profile

45 State St Paterson, NJ 07501

OFF-MARKET
Industrial properties
Property ID
US59-3143941
18,507 SF 0.24 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 BRICK
Total area 18,507 SF
Lot 0.24 ac (10,400 SF)
Zoning code I-1
APN 08 06312-0000-00003
UPID US59-3143941

Cap rate & NOI

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

Location

45 State St Paterson, NJ 07501
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k

Owner & transaction history

since 2004
2 recorded transactions
2004
Price N/A
2003
$2.8M

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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