Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

855-887 Broadway - Barbour Estate 5.15 Acres of Residential Land Offered at $8,900,000 in Paterson, NJ 07514

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Large parcel
  • Great for schools with Paterson STEAM School .1 mile away
  • Once in a lifetime opportunity

EXECUTIVE SUMMARY

855-887 Broadway in Paterson is a 5.15-acre parcel that offers developers the scale, access, and visibility they are searching for, especially with how seldom opportunities of this magnitude come along in Northern New Jersey. With direct access to Route 20 and quick connections to the Garden State Parkway, Route 80, and Route 46, this site sits at the nexus of regional commerce and transportation. The existing structure, the Barbour Estate, is on the national historical registry, and could become a high-value redevelopment, whether your vision is for an institutional user, educational campus, or other large-scale project positioned to benefit from strong demographic demand and excellent connectivity.

PROPERTY FACTS

Price $8,900,000
Sale Type Investment
Sale Conditions
Deferred Maintenance
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 5.15 AC
Opportunity Zone Yes
Zoning R1

1 LOT AVAILABLE

Lot

Price $8,900,000
Price Per AC $1,728,155.34
Lot Size 5.15 AC

Corner location on E 39th St and Broadway.

DESCRIPTION

Once the private residence of the Barbour family—whose influence in Paterson’s industrial and civic growth left a lasting legacy—the Barbour Estate stands as one of the city’s most notable landmarks. Built during a time when Paterson was known as the “Silk City” and industrial magnates erected grand estates to reflect their success, this property embodies both the history and ambition of the era. The mansion itself, though now requiring preservation and redevelopment, was a centerpiece of Broadway, representing architectural elegance and the prominence of one of Paterson’s leading families. Set across 5.15 acres, the estate is extraordinary not only for its scale but also for its rarity: large parcels of this size within the city’s core are virtually impossible to replicate today. For decades, the site has stood as a reminder of Paterson’s rich cultural and industrial heritage, offering a tangible link to the city’s past. Few opportunities exist to acquire land that combines such history, prominence, and redevelopment potential. Today, the Barbour Estate presents a once-in-a-generation chance to reimagine a legacy property for modern use. Its location just off Route 20 with direct access to the Garden State Parkway, Route 80, and Route 46 makes it ideally positioned for institutions, schools, or community uses that want to honor the past while shaping the future. In a marketplace where history and opportunity rarely intersect, the Barbour Estate stands out as a landmark site awaiting its next chapter.

  • Listing ID: 37724577

  • Date on Market: 9/18/2025

  • Last Updated:

  • Address: 855-887 Broadway, Paterson, NJ 07514

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}