64 Main StPaterson, NJ 07505

  • Commercial real estate
  • 7,172 SF
For Sale
$865,000 View listing

Property Details for 64 Main St

Construction
BRICK
Lot size
0.06 AC
Property size (Sq ft)
7,172 SF
Zone code
B-4
Property type
Commercial real estate
APN
08 04507-0000-00003
APU
804507000000003

Description

This exceptional commercial property, located at 64 Main Street in Paterson, New Jersey, presents a compelling investment opportunity. The property is classified as "Other," offering a versatile space ideal for a variety of commercial uses. Priced at $865,000, this asset sits on a lot measuring zero acres. While the precise square footage is not currently specified, the property's central location on Main Street in Paterson offers significant potential for high visibility and foot traffic. The absence of specified square footage necessitates an on-site inspection to fully assess the property's dimensions and layout. This allows for a unique opportunity to tailor the space to a specific business plan. Paterson's vibrant and growing economy provides a strong foundation for commercial success, making this property an attractive investment for those seeking a foothold in a dynamic market. Further due diligence is encouraged to fully understand the property's potential and to determine its suitability for intended commercial use. The property's location on Main Street offers excellent accessibility and visibility, making it an ideal location for a variety of businesses. Interested parties are encouraged to schedule a viewing to explore the possibilities this unique property offers. The asking price reflects the property's potential and strategic location within the Paterson commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,357,223
    Hospitality
    $1,243,209
    Educational
    $1,034,335
    Medical
    $1,069,908
    Retail
    $1,608,966

Location Insight

City
Paterson
County
Passaic
State
New Jersey
Latitude
40.9201
Longitude
-74.1731
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
$15,054
$102,300
$222,000
$324,300
-
$102,300
$222,000
$324,300

FAQs

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