163-177 Pennsylvania Ave, Paterson, NJ 07503

Studio4 baths29,000 sqft Edit

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Off Market
Zestimate®: $377,101
Rent Zestimate®: $1,904/mo
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My Notes

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GREAT BUY! ALL BRICK BUILDING LOCATED IN THE PROXIMITY OF THE FARMERS MARKET JUST OFF ROUTE 80, 21, 46, PARKWAY, & TURNPIKE. APRX 29,000 SQ FT. PRESENTLY PARTIALLY RENTED. IF NECESSARY CAN BE VACANT AT CLOSING. 2 BUILDINGS ATTACHED. 2 STORY BLD & BSMT W/ APRX 5,460 SQ. FT. PER FLOOR = 16,380 SQ FT W/ ELEVATOR. -- 1 STORY BUILDING APRX. 12,444 SQ FT W/ 4 LOADING DOCKS. CURRENTLY OWNER USES APRX 10,900 SQ. FT. -- CURRENT RENT ON 2ND LEVEL IS $3,200+ ELECTRICITY (5,460 SQ FT) . LEASE UNTIL 12/31/16. ALSO ON 1ST FL (12,844 SQ FT) @ $5,500 P/ MONTH GROSS. (MONTH TO MONTH) WITH 200 SQ FT WALK IN REFR & FREEZER. -- POSSIBLE USES; WAREHOUSE/DISTRIBUTION. OTHER POSSIBLE USES; SCHOOL & CHURCH.

Facts

  • Miscellaneous
  • Views: 561 all time views

    Construction

    • Exterior material: Brick

    Other

    • Floor size: 29,000 sqft
    • Heating: Gas
    • Zillow Home ID: 2111274555

    Zestimate Details

    Zestimate
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    $377,101
    -$9,204 Last 30 days
    $321K
    $419K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,904/mo
    +$21 Last 30 days
    $1.4K
    $3.2K
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    Mortgages

    Neighborhood: 07503

    Zillow predicts 07503 home values will decrease 1.4% next year, compared to a 0.3% rise for Paterson as a whole. Among 07503 homes, this home is valued 87.5% more than the midpoint (median) home, but is valued 89.3% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 07503, the number of foreclosures waiting to be sold is 49.1% less than in Paterson, and 15.2% less than the national average. This lower local number could help 07503 home values rise more quickly than other regions in Paterson.

    Learn more about forecast calculations or 07503 home values.
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      Nearby Schools in Paterson

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

      Data by GreatSchools.org