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36 Units! Fully Approved w/ Construction Draw 229 Marshall St 7,500 SF Industrial Building Paterson, NJ 07503 $3,150,000 ($420/SF)



Executive Summary
FULLY APPROVED CORNER LOT! 8,593.34sf
(36) Unit residential development site
Delivered permit ready WITH construction drawings
Lot will be delivered fully cleared. Building structure demolished by seller
Highly desirable & markable section of Paterson, NJ. Complemented by many newer developments in area
Permits ready. Start construction next day
(36) Unit residential development site
Delivered permit ready WITH construction drawings
Lot will be delivered fully cleared. Building structure demolished by seller
Highly desirable & markable section of Paterson, NJ. Complemented by many newer developments in area
Permits ready. Start construction next day
Property Facts
| Price | $3,150,000 | No. Stories | 1 |
| Price Per SF | $420 | Year Built/Renovated | 1936/2003 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.4/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 0.19 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 7,500 SF | ||
| Zoning | MU | ||
| Price | $3,150,000 |
| Price Per SF | $420 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.19 AC |
| Rentable Building Area | 7,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1936/2003 |
| Tenancy | Single |
| Parking Ratio | 0.4/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Dock-High Doors/Loading | 1 |
| Opportunity Zone |
Yes |
| Zoning | MU |
Amenities
- Property Manager on Site
- Air Conditioning
Utilities
- Water - City
- Sewer - City
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Isa M Suqi
- Information
- -
- -
- -
- Yassen, LLC
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Isa M Suqi | Information | - | - | - | ||
| Yassen, LLC | - | - | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 08-05502-0000-00009 | Improvements Assessment | $444,400 |
| Land Assessment | $249,200 | Total Assessment | $693,600 |
Property Taxes
Parcel Number
08-05502-0000-00009
Land Assessment
$249,200
Improvements Assessment
$444,400
Total Assessment
$693,600
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36 Units! Fully Approved w/ Construction Draw | 229 Marshall St
