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About This Home
This 0-bedroom, 0-bathroom commercial at 21 Florida Ave in Paterson City, NJ is listed for $4,980,000. Built in 1940, on a 0.33 acres lot.
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.). Owner Financing Available!
Key Features
- Built in 1940
- 0.33 acre lot
Property Details
Monthly Cost Estimate
$26,634/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
21 Florida Ave
Paterson City, NJ 07503-2114
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 21 Florida Ave is listed at $4,980,000. The estimated monthly payment is $21,580 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.33 acre lot.
This property is listed by ANDREW GISONNA and can be reached at 2019629555 or dbandazian@christiesrennj.com.