$ 4,980,000
21 - 27 Florida Avenue Paterson, NJ 07503
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Listed by Andrew Gisonna • Christie's International Real Estate Group-Mahwah/Saddle River Regional Office • (551) 777-0647
$ 4,980,000
Est. payment | /mo
$ 4,980,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24034032
Annual Tax Amount $37,885
Property Description
Introducing an exceptional investment opportunity in the heart 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 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
Area Paterson
Interior
Heating Other Fuel Source/See Rmks
Exterior
Utilities Available O/See Rmks
Waterfront Description None
Others
Ownership Corporate,Private
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