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!
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Listing Snapshot
Price
$4,980,000
Days On Site
540 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.33 Acres
Year Built
1940
MLS® Number
3930625
Status
Active
Property Tax
$10,482
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a year ago
Listing updated with changes from the MLS®
a year ago
Listing first seen on site
General Features
Acres
0.33
Number Of Stories
1
Property Sub Type
Industrial
Sewer
Public Sewer
Water Source
Public
Zoning
4B
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Listing courtesy of CHRISTIE'S INT. REAL ESTATE GROUP