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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
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
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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