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70-96 Court St Paterson, NJ $ 19,800,000
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$ 19,800,000 Get more info
70-96 Court St
$ 19,800,000
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New Construction
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70-96 Court St

Paterson, NJ, 07503
$ 19,800,000
Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

$ 123,526

70-96 Court St, Paterson, NJ 07503 - Image 1
70-96 Court St, Paterson, NJ 07503 - Image 2
70-96 Court St, Paterson, NJ 07503 - Image 3

Commercial Property for sale in Paterson, NJ

for $19,800,000 with 4 half baths. This 5,600 square foot building was built in 1940.

A unique property with great potential for redevelopment in Paterson's Area 11. There are multiple possibilities to explore given lot size and proximity to St. Joseph's University Medical Center. Existing buildings can be repurposed or demolished to make way for new construction. There is a newer construction medical facility on the property which has potential to serve as the expansion point for the lot. The land could accommodate various uses from Ancillary Medical Facilities, Residential, Retail or a Storage Facility. While currently classed at 4A, potential for zoning changes or variances that could allow for more intensive uses. refer to State Info for tax map and lot overview. Owner Financing Available

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Commercial Active

Price

$ 19,800,000

Half Bath

4

Property Type

Commercial

Taxes

$ 92,607

Style

Year Built

1940

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3930611
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling See Remarks
Utilities See Remarks
Possession Flexible
Roof Flat
Zoning 4A
Year Built 1940
Township Paterson City
Property Type See Remarks See Remarks
Tax Year 2023
Ownership Cooperative
Location See Remarks
County Passaic
Status Active
Directions Main St to Levine
Number Of Units Total 3
Tax Annual Amount 92607
Drive See Remarks
Leasable Area 5600
Standard Status Active
Tax Assessed Value 1888800
Town # 2508
Tax Lot 9
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 5600
Lot Dimensions 1.73
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Interior
Fuel Type See Remarks
Total Stories 1
Half Baths 4
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* Excluded Features
List By
ANDREW GISONNA

Listing Agent

Christie's Int. Real Estate Group

Broker

Affordability Calculator

$131,243
Per Month
94%
6%
0%
Monthly Principal & Interest
$123,526
Monthly Property Taxes
$7,717
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2024$19,800,000 Listed Price

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70-96 Court St, Paterson, NJ, 07503 is a Commercial Property for sale at $19,800,000 with 5,600 sqft. 70-96 Court St was built in 1940. The property's zip code is 07503 which is in Paterson, NJ

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