1322 Paterson Plank RdSecaucus, NJ 07094

For Sale
$2,700,000 View listing
  • Commercial real estate
  • 0.64 AC

Property Details for 1322 Paterson Plank Rd

Year built
1960
Construction
BRICK
Lot size
0.64 AC
Property type
Commercial real estate
APN
09 00141-0000-00004-0000-HM
APU
09001410000000040000HM

Description

This exceptional commercial property, located at 1322 Paterson Plank Road in Secaucus, New Jersey, presents a significant investment opportunity. Priced at $2,700,000, the property offers substantial potential for a variety of commercial uses. While the square footage is not currently specified, the property's strategic location on Paterson Plank Road provides excellent visibility and accessibility. The address is situated within a thriving commercial corridor, benefiting from high traffic volume and proximity to major transportation routes. This makes it ideal for businesses seeking a prominent presence in a bustling area. The property is categorized as "Other," suggesting a versatile nature suitable for adaptation to diverse commercial needs. Further investigation into the property's zoning and permitted uses is recommended to fully assess its potential. Given the asking price and location, this property represents a compelling investment opportunity for discerning buyers seeking a foothold in the dynamic Secaucus commercial market. The absence of acreage information indicates the property may be a building or lot of smaller size, requiring further due diligence to determine its precise dimensions and layout. Interested parties are encouraged to conduct thorough inspections and research to fully understand the property's characteristics and potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,298,695
    Hospitality
    $4,853,576
    Educational
    $4,038,118
    Medical
    $4,176,996
    Retail
    $6,281,518
1322 Paterson Plank Rd, Secaucus, New Jersey

Location Insight

City
Secaucus
County
Hudson
State
New Jersey
Latitude
40.7917
Longitude
-74.0577
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
2022
$32,001
$800,100
$50,300
$850,400
-
$800,100
$50,300
$850,400

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