468 Totowa Ave
Paterson, NJ 07522
468 Totowa Ave, Inc. · Industrial Property For Sale
Investment Highlights
- Located in a GARDEN STATE GROWTH ZONES (GSGZ).
- Situated in Opportunity Zone - Adjacent to major redevelopments in progress like Vista Park Plan, Hinchliffe Stadium & Paterson Falls.
- Property is used by major film studios from Los Angeles and New Jersey.
- 468 Totowa Ave sits in an Urban Enterprise Zone (UEZ).
- Convenient to Public Transportation: 3 NJ Transit bus routes (Routes 703, 744 & 748) all provide service to the First Ward Redevelopment Area.
Property Facts
| Property Type | Industrial | Year Built | 1905 |
| Property Subtype | Manufacturing | Parking Ratio | 0.17/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 1.90 AC | No. Dock-High Doors/Loading | 5 |
| Rentable Building Area | 120,000 SF | No. Drive In / Grade-Level Doors | 1 |
| No. Stories | 5 | ||
| Zoning | GSGZ - Urban Enterprise Zone | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.90 AC |
| Rentable Building Area | 120,000 SF |
| No. Stories | 5 |
| Year Built | 1905 |
| Parking Ratio | 0.17/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | GSGZ - Urban Enterprise Zone |
Amenities
- 24 Hour Access
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
About 468 TOTOWA AVE , PATERSON, NJ 07522
This historical building houses 108,000 sf of potential. It may qualify for the Adaptive Re-Use District as well as the Garden State Growth Zones. It is located next to Hinchliffe Stadium. The four story 80,000 square-foot loft building, combined with almost 30,000 square feet of additional first floor open space, provides a clean palette to produce a valuable real estate investment. 108,000 SF available (80,000 SF, 19,000 SF and 7,000 SF) - 80,000 SF has 4 floors at 20,000 sf each - top floor clear span, 19,000 SF single story with an over-sized drive-in door - 14’ clear span, 7,000 SF has exterior entrance at the lower level on the NE corner. Loading: 5 tailgates serve the buildings with a common receiving area. Single freight elevator adjacent to the receiving area serves the multi-story building. Situated on 1.9 + acres. All buildings are fully sprinklered.
Property Taxes
| Parcel Number | 08-00801-0000-00009 | Improvements Assessment | $2,454,000 |
| Land Assessment | $669,100 | Total Assessment | $3,123,100 |
Property Taxes
