Technical
Financial
Distress signals
Property profile

921 23rd St Paterson, NJ 07513

OFF-MARKET
Industrial properties
Property ID
US59-1956498
38,686 SF 0.75 ac lot
Entity Owned 17-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 38,686 SF
Lot 0.75 ac (32,670 SF)
Zoning code I-2
APN 08 02305-0000-00004
UPID US59-1956498

Cap rate & NOI

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

Location

921 23rd St Paterson, NJ 07513
Paterson metro Census 182701 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
$4.86M
Blend (final) Blend
$3.55M

Owner & transaction history

since 2009
2 recorded transactions
2009
$1.7M
2006
$1.7M

Zoning & alternative use

I-2 · Paterson, NJ
Zoning description

K. I‐2 Heavy Industrial District: The intent of the I‐2 Heavy Industrial District is to provide land for more intense types of industrial and manufacturing uses excluding those with nuisance characteristics. While the ma…

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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