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307 Paterson Ave 6,388 SF Retail Building East Rutherford, NJ 07073 $1,400,000 ($219.16/SF)



EXECUTIVE SUMMARY
Located in the heart of bustling downtown East Rutherford, this versatile commercial property offers a unique opportunity for business owners and investors alike. Featuring a spacious office area, multiple garages, and ample vehicle storage, this property is perfect for a variety of uses, from auto-related businesses to storage and light industrial operations.
Key Features, A well-designed office area ideal for administrative work, client meetings, or team collaboration.
Multiple Garages: two multi space garages provide the perfect space for vehicle maintenance, storage, or workshop needs. Storage Room: A generous storage area, perfect for inventory or equipment. Half Bath: Convenient half bathroom on the main floor for staff or client use. Second-Floor Vehicle Storage: A unique feature—vehicle storage on the second floor, offering secure space for cars, trucks, or equipment.
Bonus 1-Bedroom Apartment: **currently occupied** Ideal for on-site living or rental income, this cozy 1-bedroom apartment offers a full kitchen, living area, and private bathroom.
With its central location, easy access to major highways, and proximity to local amenities, this property offers exceptional potential for a wide range of commercial ventures. Don't miss the chance to own this multi-functional space in East Rutherford’s thriving business district!
Key Features, A well-designed office area ideal for administrative work, client meetings, or team collaboration.
Multiple Garages: two multi space garages provide the perfect space for vehicle maintenance, storage, or workshop needs. Storage Room: A generous storage area, perfect for inventory or equipment. Half Bath: Convenient half bathroom on the main floor for staff or client use. Second-Floor Vehicle Storage: A unique feature—vehicle storage on the second floor, offering secure space for cars, trucks, or equipment.
Bonus 1-Bedroom Apartment: **currently occupied** Ideal for on-site living or rental income, this cozy 1-bedroom apartment offers a full kitchen, living area, and private bathroom.
With its central location, easy access to major highways, and proximity to local amenities, this property offers exceptional potential for a wide range of commercial ventures. Don't miss the chance to own this multi-functional space in East Rutherford’s thriving business district!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,388 SF
Building Class
C
Year Built
1940
Price
$1,400,000
Price Per SF
$219.16
Tenancy
Single
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.20 AC
Zoning
commercial 4A
Parking
5 Spaces (0.78 Spaces per 1,000 SF Leased)
Frontage
64’ on Paterson Ave
AMENITIES
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Motorcraft Limited
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Motorcraft Limited | Services | - | - | - |
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-00041-02-00013 | Improvements Assessment | $726,700 |
| Land Assessment | $405,100 | Total Assessment | $1,131,800 |
PROPERTY TAXES
Parcel Number
12-00041-02-00013
Land Assessment
$405,100
Improvements Assessment
$726,700
Total Assessment
$1,131,800
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307 Paterson Ave
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