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20 Madison Ave
Paterson, NJ 07524
Five Parcel Mixed Use Industial Portfolio · Industrial Property For Sale

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Investment Highlights

  • Located in Paterson’s Riverside neighborhood, the property sits within an established industrial district.
  • Its position offers strong connectivity and access to local transportation options.
  • The surrounding area includes a mix of industrial operations and commercial activity suitable for business use.
  • The neighborhood reflects Paterson’s broader industrial character, supporting a variety of operational needs.

Executive Summary

20 Madison Ave is positioned within Paterson’s Riverside neighborhood, an established industrial and commercial district known for its strong connectivity and active business environment. The area features a mix of industrial operations, small businesses, and service-oriented uses, creating a functional setting suited for warehousing, distribution, and light manufacturing. Its proximity to major transportation routes and local transit options supports efficient movement of goods and accessibility for employees. The surrounding neighborhood reflects Paterson’s broader industrial character, offering a practical, utility-driven environment for a wide range of commercial and operational needs.

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.18 AC
Rentable Building Area 8,860 SF
No. Stories 2
Year Built 1970
Parking Ratio 1.27/1,000 SF
Clear Ceiling Height 9’
No. Drive In / Grade-Level Doors 3
Zoning B-2 - Business

Amenities

  • Fenced Lot

Property Taxes

Property Taxes

Parcel Number
08-02302-0000-00007
Land Assessment
$70,800
Improvements Assessment
$390,500
Total Assessment
$461,300
  • Listing ID: 29820399

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: 20 Madison Ave, Paterson, NJ 07524

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