# 21 Florida Ave, Paterson City, NJ 07503-2114

> **TL;DR:** commercial, $4,980,000, built 1940. Est. $21,580/mo. Listed 587 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,980,000 |
| Year Built | 1940 |
| Lot Size | 14,375 sqft (0.33 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 587 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $21,580 |
| **Total** | **$21,580** |

## Property Highlights

- Built in 1940
- 0.33 acre lot

## Description

### Agent 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.). Owner Financing Available!

## Location

- **Address:** 21 Florida Ave, Paterson City, NJ 07503-2114
- **County:** Passaic
- **Coordinates:** 40.8975221183438, -74.1533160209656
- **Google Maps:** https://www.google.com/maps?q=40.8975221183438,-74.1533160209656

## Listing Agent

- **Name:** ANDREW GISONNA
- **Brokerage:** CHRISTIE'S INT. REAL ESTATE GROUP
- **Phone:** 2019629555
- **Email:** dbandazian@christiesrennj.com

## Primary Photo

![21 Florida Ave - Primary Photo](http://lh.rdcpix.com/aeb4035346f83bff3ce3231d7ba2d276l-f3394261934r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/21-florida-ave-paterson-city-nj-07503-2114-3930625)*

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**MLS#:** 3930625 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/21-florida-ave-paterson-city-nj-07503-2114-3930625)

---

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