1 / 25
$799,900
246-248 Paterson Avenue, Paterson, NJ, 07502
MLS# 26026766
0.115 acres (5,000 sqft)
Lot Size
Commercial — Industrial
Property Type
Description
NEW PRICE! PRIME COMMERCIAL OPPORTUNITY! LOCATION, LOCATION, LOCATION! Exceptional opportunity to own a freestanding corner commercial warehouse on a 50' x 100' lot in Paterson, conveniently located just 45 minutes from New York City and close to all major highways, providing outstanding access for transportation, logistics, employees, and customers. This versatile property features a drive-in loading dock, private office, 2 restrooms, full basement for additional storage, and a newly installed sprinkler system. Ideal for contractors, plumbing/HVAC, electrical, e-commerce, light distribution, storage, or an owner-user headquarters. The flexible layout allows for efficient office and warehouse operations. Major Bonus: Property taxes have been reduced by approximately 50% from $33,696 to approximately $16,848 annually dramatically lowering your operating costs. Located in an R-3 Zone. Buyer is responsible for conducting their own due diligence regarding zoning and permitted uses. With a NEW PRICE, substantially reduced taxes, valuable upgrades, and a strategic location near NYC and major highways, this is an outstanding investment and business opportunity. Schedule your private showing today before it's gone!
Tax & Financial Information
| Annual Property Taxes | $32,180 (NJ Public Records) |
| Tax Assessment | $631,600 |
| Land Assessment | $59,100 |
| Listed | July 16, 2026 |
Listing Information
Listing Office: Realty One Group Legend — 973-686-7777
Listing Agent: Maryam Altadouka — 862-668-8145 — MAltadouka@ROGLegend.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 9/7/2026.
Total Monthly Cost
$7,832/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $159,980 | Loan: $639,920
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Paterson
Main Line
Paterson Station
~0.5 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
Similar Properties in Paterson
Active$635,000
1027 23rd Street, Paterson, NJ, 07513
Paterson, NJ
🚂45 min to NYC
Est. $4,936/mo total cost
Listed by Keller Williams Village Square Realty
Active$499,000
430-432 28th Street, Paterson, NJ, 07514
Paterson, NJ
🚂45 min to NYC
Est. $4,253/mo total cost
Listed by Prestige Property Group - Montclair
Active$200,000
245 Edmund Avenue 3, Paterson, NJ, 07502
Paterson, NJ
🚂45 min to NYC
Est. $1,602/mo total cost
Listed by Realty One Group Legend, Clifton
Active$1,500,000
373-377 McBride Avenue, Paterson, NJ, 07501
Paterson, NJ
🚂45 min to NYC
Est. $10,871/mo total cost
Listed by Weichert Realtors, Ridgewood
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Green Team are marked with the NJMLS Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
© 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.
Property listings provided by GardenState.ai through authorized access to NJMLS.
Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462
Real Estate Agent: Julio Reynoso
GardenState.ai is an independent Artificial Intelligence platform. We are not affiliated with, sponsored by, or part of NJMLS.
All listings are displayed in accordance with IDX regulations of the State of New Jersey.
Equal Housing Opportunity. All real estate advertised herein is subject to the Federal Fair Housing Act, the New Jersey Law Against Discrimination, and applicable state and local fair housing laws, which make it illegal to advertise any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, national origin, sexual orientation, gender identity, or any other protected class.