Technical
Financial
Distress signals
Property profile

60-62 Broadway Paterson, NJ 07505

OFF-MARKET
Commercial real estate
Property ID
US59-0616496
11,580 SF 0.09 ac lot
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Total area 11,580 SF
Lot 0.09 ac (3,740 SF)
Zoning code B-4
APN 08 04401-0000-00002
UPID US59-0616496

Cap rate & NOI

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

Location

60-62 Broadway Paterson, NJ 07505-1132
Paterson metro Census 183200 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
$1.42M
Blend (final) Blend
$475k

Owner & transaction history

since 2006
1 recorded transaction
2006
$1

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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