75-77 Prospect StPaterson, NJ 07505

Property Details for 75-77 Prospect St

Construction

BRICK

Lot size

0.08 AC

Property size (Sq ft)

5,260 SF

Zone code

B-4

Property type

Other commercial real estate

APN

08 04501-0000-00011

APU

804501000000011

Description

This exceptional investment opportunity presents a remarkable chance to acquire a well-situated office building at 75-77 Prospect Street in Paterson, New Jersey. The property is listed at $1,825,000 and offers significant potential for a variety of uses. While the exact square footage is not currently specified, the building's location on Prospect Street provides excellent visibility and accessibility. The property sits on a lot with no acreage listed, suggesting a compact and potentially easily managed footprint. This makes it ideal for a smaller business seeking a central location or an investor looking for a manageable commercial property in a growing area. The address, 75-77 Prospect Street, indicates a potentially larger building, offering ample space for various office configurations. Paterson's strategic location within New Jersey offers convenient access to major transportation routes, making it an attractive location for businesses needing easy commutes for employees and clients. Further due diligence is recommended to determine the precise square footage and internal layout to fully assess the property's potential. This property is being offered as-is, and interested parties are encouraged to conduct their own independent inspections and assessments before making an offer. The asking price represents a compelling entry point into the Paterson commercial real estate market.

• Alternative Use

  Use

  Valuation

  Residential

  $995,398

  Hospitality

  $911,779

  Educational

  $758,589

  Medical

  $784,678

  Retail

  $1,180,028

Location Insight

City

Paterson

County

Passaic

State

New Jersey

Latitude

40.9172

Longitude

-74.1744

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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