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55 3rd Ave
Paterson, NJ 07524
55-57 3rd Ave, Paterson (Mixed-Use | 7-units) · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,002 SF
Building Class
C
Year Built/Renovated
1980/2007
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.00
Lot Size
0.09 AC
Zoning
R-2
Frontage
Amenities
- Corner Lot
About 55 3RD AVE , PATERSON, NJ 07524
A TRUE TRUE turn-key property is presented in this very well maintained mixed use 7-unit corner lot building. Comprised of 2 retail stores that have been tenants over 20+ years each, plus 5 residential units on the 2nd & 3rd levels. 100% occupancy consistently, with some tenants residing over 10yrs each. The building was totally renovated & upgraded in 2007, from the sheet rock walls, all new paint through out, roof replaced, & all utilities separated (electric & gas). Owner pays only for water, and common area lighting. Best of all is the SOLID & TRUE 6.1%-CAP rate return. Boarder of Hawthorne Township. Contact Gershon Adjaye of Keller Williams Realty for more details.
Property Taxes
| Parcel Number | 08-02313-0000-00021 | Improvements Assessment | $950,500 |
| Land Assessment | $213,200 | Total Assessment | $1,163,700 |
Property Taxes
Parcel Number
08-02313-0000-00021
Land Assessment
$213,200
Improvements Assessment
$950,500
Total Assessment
$1,163,700
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