For Sale
$153,335

384 Paterson Ave East Rutherford, NJ 07073

Modern Office, 552 SF, 2 Parking Spaces

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 552-square-foot creative office condo in East Rutherford, New Jersey, presents a fantastic investment opportunity. Located at 384 Paterson Ave, 07073, this property boasts abundant natural light and is ideally suited for a variety of businesses. The asking price is $153,335, translating to $277.78 per square foot. The unit includes two covered parking spaces, providing convenient parking for employees or clients. Additional benefits include access to a basement storage area and the building's rooftop lounge, enhancing the overall workspace experience. Currently, there is a lease in place that expires September 30, 2025, with monthly fees of $106 and annual property taxes of $3,064. The lease includes rent increases scheduled for October 1st, 2023 ($1,200) and October 1st, 2024 ($1,300). This property offers a blend of modern amenities, convenient location in Bergen County, and a strong potential for future returns. Don't miss this chance to acquire a well-located and attractive creative office space.

Highlights

  • 552 sq ft creative office condo in East Rutherford, NJ (07073), located at 384 Paterson Ave.
  • Asking price: $153,335 ($277.78/sq ft).
  • Includes two covered parking spaces and basement storage.
  • Access to rooftop lounge.
  • Current lease in place until September 30, 2025, with rent increases scheduled for October 1, 2023 ($1,200) and October 1, 2024 ($1,300); current monthly fees are $106 and annual property taxes are $3,064.

Property Details for 384 Paterson Ave

Property type
Office properties, Office space
Square Feet
552 SF

Location Insight

City
East Rutherford
County
Bergen
State
New Jersey
Latitude
40.838313725118
Longitude
-74.100046625333

FAQs

What type of property is this?
Office property - Modern Office, 552 SF, 2 Parking Spaces
Where is the office property located?
The property is located at 384 Paterson Ave East Rutherford, NJ.
What is the asking price?
The asking price for this property is $153,335.
What are key features of this property?
This property features: 552 sq ft creative office condo in East Rutherford, NJ (07073), located at 384 Paterson Ave.; Asking price: $153,335 ($277.78/sq ft).; Includes two covered parking spaces and basement storage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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384 Paterson Ave
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