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Property profile & analytics

970 Main St Paterson, NJ 07503

  • Commercial real estate
  • 2,462 SF
  • 0.04 lot acres
For Sale
Last Sale
Apr 22, 2025
$1,100,000
Value Estimations
Cap Rate Potential
3.7%
Commercial real estate
Location Intelligence
Property ID
US59-1469029
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Loredana Law Office / Attorney
  • Elyamani Farms / Wholesale Market
  • Alkumah Halal / Caterer / Takeout Restaurant
  • Ibrahim Personal Injury Law / Personal Injury Attorney
  • Eldeb tax service / Tax Preparation Service

Property Details for 970 Main St

Construction
FRAME
Lot size
0.04 lot acres
Property size
2,462 SF
Zone code
B-2
Property type
Commercial real estate
APN
08 06802-0000-00011
APU
806802000000011

Description

This exceptional 1,200 square foot executive office suite is available for lease at 970 Main Street in Paterson, New Jersey. Located in Passaic County, this property offers a unique opportunity for businesses seeking a prestigious and functional workspace. The entire 1,200 square feet is currently vacant, providing a blank canvas for a discerning tenant to customize the space to their exact specifications. The building's classification as an "Executive Office" suggests a high level of finish and amenities, ideal for businesses prioritizing a professional image. The multiple tenancy structure indicates a well-managed building with potentially shared amenities or services. The property's address is 970 Main Street, Paterson, NJ 07503, offering convenient access to local businesses, transportation, and other key infrastructure. This is a rare opportunity to secure a substantial, fully vacant office space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for your business. Interested parties are encouraged to inquire promptly to secure this exceptional space. The property's location offers easy access to major transportation routes, making commuting and client access convenient. This is an ideal opportunity for a business seeking a prominent location in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $875,000
    ML approach
    $885,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $745,000
    Market price range: $284k - $961k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Paterson
County
Passaic
State
New Jersey
Longitude
-74.1597
Latitude
40.8946
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,101
$45,400
$221,800
$267,200
-
$45,400
$221,800
$267,200
More about this property
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