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Paterson City,NJ 07501
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3934677
HOA Y/N No
Annual Tax Amount $2,398
Tax Year 2023
Lot Size 2,178 Sqft
Property Description
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.
Location
State NJ
County Passaic
Zoning B-2
Interior
Inclusions No Building
Building
Lot Description Corner
Sewer See Remarks
Water See Remarks
Others
Senior Community No
Miscellaneous See Remarks