520 Park Ave Paterson, NJ ^$ 880,000

520 Park Ave

^$ 880,000

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520 Park Ave

Paterson, NJ, 07504

^$ 880,000

Studio Baths0.5 Sq 3,000

Monthly Estimate*

^$ 6,147

520 Park Ave, Paterson, NJ 07504 - Image 1

520 Park Ave, Paterson, NJ 07504 - Image 2

520 Park Ave, Paterson, NJ 07504 - Image 3

Studio

Commercial Property for sale in Paterson, NJ

for $880,000 with 5 half baths. This 3,000 square foot building was built in 2020 on a lot size of 0.06.

NEWER BUILDING WITH 3 INCOME UNITS - PERFECT FOR OWNER OCCUPANT OR INVESTOR - TAX ABATEMENT ENDING 2031 SO TAKE ADVANTAGE OF LOW TAXES! STORE ON 1ST FLOOR WITH APPROX 750SQFT. 2ND AND 3RD FLS OFFERING LARGE APARTMENTS- EACH UNIT CONSISTS OF LIVING ROOM, DINING AREA, KITCHEN, 3 BEDROOMS & 2 FULL BATHS INCLUDING PRIMARY SUIT. LAUNDRY IN EACH UNIT. FULL SPRINKLER SYSTEM. ELECTRIC FENCE ENCLOSURE AROUND PARKING - DONT MISS OUT!

Commercial Active

Price

^$ 880,000

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 3,200

Style

Store With Apartment

Lot Size

0.06

Year Built

2020

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3892189

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 3 Units

Cooling 3 Units

Utilities Gas-Natural

Possession AT CLOSING

Roof Flat

Zoning COMMERCIAL

Garage Spaces 4

Year Built 2020

Township Paterson City

Property Type Mixed Use Store With Apartment Store With Apartment

Tax Year 2023

Percent Ownership Fee Simple

Location Business District Corner

County Passaic

Status Active

Directions CORNER OF PARK AVE & EAST 33RD ST

Total Units 3

Street Name Park Ave

Tax Annual Amount 3200

Drive Parking Lot-Exclusive

Leasable Area 3000

Days on Market 29

Standard Status Active

Tax Assessed Value 65000

Town # 2508

Tax Lot 4

Exterior

Lot Features Corner

Water Source Public Water

Total Parking 4

Exterior Description Brick/Block

Building Area Total 3000

Lot Dimensions 25X100

Lot Size Acres 0.06

Interior

Fuel Type Gas-Natural

Total Stories 3

Half Baths 5

* Excluded Features

List By

NICHOLAS TSELEPIS

Listing Agent

Nicholas Real Estate Agency

Broker

Niko@Nicholasrealestate.com

Affordability Calculator

$6,414

Per Month

Monthly Principal & Interest: $6,147
Monthly Property Taxes: $267
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Paterson, NJ

Average List Price ^$655,933

Percent of Sale Price 25%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/21/2024	$880,000		Listed Price

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520 Park Ave, Paterson, NJ, 07504 is a Commercial Property for sale at $880,000 with 3,000 sqft and a lot size of 0.06. 520 Park Ave is a studio with 0.5 baths and was built in 2020. The property's zip code is 07504 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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520 Park Ave

Commercial Property for sale in Paterson, NJ

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