72-78 Illinois Ave Paterson, NJ $ 1,950,000
72-78 Illinois Ave
$ 1,950,000
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72-78 Illinois Ave

Paterson, NJ, 07503
$ 1,950,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 12,006

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Commercial Property for sale in Paterson, NJ

for $1,950,000 with 2 half baths. This 10,000 square foot building was built on a lot size of 0.11.

10,000sqft lot with well positioned 5000sqft commercial building that offers 2 separate sides of approximately 2500 SF each, providing outstanding flexibility for an owner-user, investor, or hybrid use. Occupy both sides, combine into one large operation, or use one side and generate income by leasing the other. Designed for efficiency and accessibility, the building features, (3) 10ft overhead doors for easy loading and access, along with 15ft ceilings and an open-floor plan, allowing for a wide range of commercial, industrial, or creative build-out possibilities tailored to your business needs. Each building has its own private bathroom, and option of a small office or storage room on ground level. A second-floor office space that adds valuable administrative or executive functionality if needed is also available on one side. And as a bonus, the property is complemented by its leveled, gated lot, ideal for secure parking, storage, or maneuvering. A rare opportunity to acquire a versatile, well-located asset with multiple use scenarios and strong long-term value. TAXES & ASSESSMENTS BASED ON ALL 3 LOTS

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Commercial Active

Price

$ 1,950,000

Half Bath

2

Property Type

Commercial

Taxes

$ 19,500

Style

Lot Size

0.11

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4005379

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling See Remarks
Utilities Gas-Natural
Possession AT CLOSING
Roof Flat
Zoning MU
Year Built 9999
Township Paterson City
Property Type See Remarks See Remarks
Tax Year 2024
Ownership Fee Simple
Location See Remarks
County Passaic
Status Active
Directions ILLINOIS AVE
Number Of Units Total 1
Tax Annual Amount 19500
Drive Blacktop Fencing Parking Lot-Exclusive
Leasable Area 500
Standard Status Active
Tax Assessed Value 383300
Town # 2508
Tax Lot 3 4 5
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 5000
Lot Dimensions 100X100
Lot Size Acres 0.11
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Interior
Fuel Type Gas-Natural
Total Stories 1
Half Baths 2
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* Excluded Features
List By
NICHOLAS TSELEPIS

Listing Agent

Nicholas Real Estate Agency

Broker

Niko@Nicholasrealestate.com

Email

Affordability Calculator

$13,631
Per Month
88%
12%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
$1,625
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
1/15/2026$1,950,000 Listed Price

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72-78 Illinois Ave, Paterson, NJ, 07503 is a Commercial Property for sale at $1,950,000 with 10,000 sqft and a lot size of 0.11. The property's zip code is 07503 which is in Paterson, NJ