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91-103 Sherman Ave
Paterson, NJ 07502
91-103 Sherman Ave · Land For Sale
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0.40 AC
Investment Highlights
- 33,550 SF Redevelopment Opportunity in Paterson's Hillcrest neighborhood
- Minutes from Great Falls National Park, Hinchliffe Stadium, and St. Joseph's Medical Center
- Potential for 13 Two-Family lots at 2,500 SF/each, As of right 6 Two Family Lots 5,000 SF/each
Property Facts
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 33,550.00 AC |
| Price Per AC | $47.69 |
| Price | $1,600,000 |
| Price Per AC | $47.69 |
| Lot Size | 33,550.00 AC |
Description
Together, the properties comprise a total of 33,550 square feet. The property was formerly used as St. Mary’s Catholic School and Convent. The Convent was a three story building of approximately 13,000 sf, and the two school buildings totaled approximately 17,000 sf. The buildings have been damaged by fire and likely must be demolished.
Property Taxes
| Parcel Number | 08-00905-0000-00014 | Improvements Assessment | $840,000 |
| Land Assessment | $180,600 | Total Assessment | $1,020,600 |
Property Taxes
Parcel Number
08-00905-0000-00014
Land Assessment
$180,600
Improvements Assessment
$840,000
Total Assessment
$1,020,600
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