$ 4,980,000
21 Florida Ave Paterson City, NJ 07503
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$ 4,980,000
Est. payment | /mo
0.33 Acres Lot
$ 4,980,000
Est. payment | /mo
0.33 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3930625
Year Built 1940
Annual Tax Amount $10,482
Tax Year 2023
Lot Size 0.330 Acres
Property Description
Introducing an investment opportunity in of one of Paterson's I-2 Industrial Zones. This offering includes two adjoining lots 21 - 27 Florida Ave and 198 - 208 Pennsylvania Ave, offering a total of 0.85 acres of highly versatile industrial land with great potential near Railway Avenue. The existing structure on Lot 3 can be demolished for maximum usability of the lots and a larger scale project. Located on Pennsylvania and Florida Avenues, both lots offer excellent access to key industrial and commercial routes. The property offers multiple opportunities for development, including industrial, storage, and commercial uses. Lot 3 on Pennsylvania Ave, is Class 4A with 2024 taxes @ $27,400 (approx.) Lot 4 on Florida Ave is Class 4B with 2024 taxes @ $10,500 (approx.).
Location
State NJ
County Passaic
Zoning 4B
Interior
Heating See Remarks
Cooling See Remarks
Equipment See Remarks
Heat Source See Remarks
Exterior
Exterior Feature See Remarks
Utilities Available See Remarks
Roof Type See Remarks
Parking Type Blacktop
Building
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by CHRISTIE'S INT. REAL ESTATE GROUP
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Carlos "Alex" Jesus
Broker | Lic# 9798051