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Presenting an exceptional development opportunity in the heart of Paterson, NJ, this 0.05-acre parcel is ideally located in a high-traffic area with great visibility. Perfect for commercial, mixed-use, or residential development, this site offers a variety of potential uses to capitalize on the ongoing revitalization of the city. ZONED B-2Key Features:Prime Location: Situated in a highly accessible area with strong foot and vehicle traffic, making it ideal for businesses or residential redevelopment.Development Potential: Zoned for both commercial and residential use, offering flexibility for a range of development possibilities (subject to local zoning approvals).Proximity to Major Amenities: Close to downtown Paterson, public transportation, schools, parks, and major highways, providing excellent connectivity and ease of access.Strong Growth Area: With Paterson?s ongoing urban renewal efforts and increasing demand for both residential and commercial spaces, this parcel offers significant upside potential for the savvy investor or developer.This is an outstanding opportunity to secure a piece of property in one of New Jersey's most dynamic cities. Whether you are looking to redevelop, build new, or hold for future appreciation, this parcel presents a rare chance to invest in an emerging area with significant potential.
| DAYS ON MARKET | 1 | LAST UPDATED | 11/15/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Paterson |
| COUNTY | Passaic | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | Paterson |
|---|---|
| LOT | 2178 sq ft |
| LOT DESCRIPTION | Corner Lot |
| TAXES | 2398 |
| ZONING | Business District, See Remarks |
MORTGAGE CALCULATOR
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Listed with WEICHERT REALTORS
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