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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 rare opportunity for business owners, investors, and automotive enthusiasts alike. Designed for flexibility and function, it features a spacious office area, multiple garages, and ample vehicle storage, making it ideal for a wide range of uses—from auto-related businesses to storage and light industrial operations.
Key Features:
Professional Office Area:
A well-designed space perfect for administrative work, client meetings, or team collaboration.
Multiple Garages:
Two spacious, multi-bay garages with a liftthat is ideal for vehicle maintenance, detailing, restoration, or workshop needs—a dream setup for any car enthusiast or automotive business.
Expansive Storage Room:
A generous area to store parts, tools, or inventory with easy access from the main floor.
Convenient Half Bath:
Accessible for both staff and clients.
Second-Floor Vehicle Storage:
A rare and unique feature—secure second-floor vehicle storage for cars, trucks, or specialty equipment. Perfect for collectors who want to protect and display prized vehicles.
Bonus 1-Bedroom Apartment — Currently Occupied
Ideal for on-site living or generating additional rental income. Includes a full kitchen, cozy living area, and private bath.
Why You'll Love It:
With its central location, easy access to major highways, and proximity to local amenities, this property is as practical as it is versatile. Whether you’re looking to expand your auto business, launch a new venture, or simply create the ultimate car lover’s workshop and storage hub, this property offers exceptional value and potential in East Rutherford’s thriving business district.
Key Features:
Professional Office Area:
A well-designed space perfect for administrative work, client meetings, or team collaboration.
Multiple Garages:
Two spacious, multi-bay garages with a liftthat is ideal for vehicle maintenance, detailing, restoration, or workshop needs—a dream setup for any car enthusiast or automotive business.
Expansive Storage Room:
A generous area to store parts, tools, or inventory with easy access from the main floor.
Convenient Half Bath:
Accessible for both staff and clients.
Second-Floor Vehicle Storage:
A rare and unique feature—secure second-floor vehicle storage for cars, trucks, or specialty equipment. Perfect for collectors who want to protect and display prized vehicles.
Bonus 1-Bedroom Apartment — Currently Occupied
Ideal for on-site living or generating additional rental income. Includes a full kitchen, cozy living area, and private bath.
Why You'll Love It:
With its central location, easy access to major highways, and proximity to local amenities, this property is as practical as it is versatile. Whether you’re looking to expand your auto business, launch a new venture, or simply create the ultimate car lover’s workshop and storage hub, this property offers exceptional value and potential 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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