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Investment Highlights

  • CLOSE TO TRANSPORTATION
  • 30 YEAR TAX ABATEMENT

Executive Summary

Shovel-ready development opportunity in Paterson fully approved for a 28-unit residential project with 46 parking spaces - valuable 30-year tax abatement in place. Ideally located near major shopping, transportation, hospital, schools, and houses of worship. A prime turnkey investment for builders and developers ready to break ground. Close to highways, shopping, schools, transportation
PLANS AND RESOLUTION AVAILABLE UPON REQUEST

Property Facts

Price $1,650,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 13,500.00 AC

1 Lot Available

Lot

Price $1,650,000
Price Per AC $122.22
Lot Size 13,500.00 AC

FLAT DIRT

Exceptionally walkable
100/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
40/100
  • Listing ID: 40109009

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 540-548 Broadway, Paterson, NJ 07505

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