21 Florida Ave 0, Paterson City, NJ 07503

1 of 3

CommercialFor Sale

$4,980,000

21 Florida Ave 0

Paterson City, NJ 07503

Courtesy of Christie's Int. Real Estate Group

MLS: Garden State MLS

Est. Mortgage

$25,806/mo

Introducing an investment opportunity in of one of Paterson's I-2 Industrial Zones. This offering includes two adjoining lots 21 - 27 Florida Ave and 198 - 208 Pennsylvania Ave, offering a total of 0.85 acres of highly versatile industrial land with great potential near Railway Avenue. The existing structure on Lot 3 can be demolished for maximum usability of the lots and a larger scale project. Located on Pennsylvania and Florida Avenues, both lots offer excellent access to key industrial and commercial routes. The property offers multiple opportunities for development, including industrial, storage, and commercial uses. Lot 3 on Pennsylvania Ave, is Class 4A with 2024 taxes @ $27,400 (approx.) Lot 4 on Florida Ave is Class 4B with 2024 taxes @ $10,500 (approx.).

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