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$639,000
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Property Description
Your Next Best Investment Opportunity Awaits! Exceptional 4000 sq ft Freestanding Industrial building with 2000 sq ft lot and endless potential in thriving Paterson, ready and waiting for you! Sale of this property also includes 165 Putnam St. (B 2922 /L 21). Spanning two levels in a prime commuter location, this industrial, mix-use gem is a rarity, offering a multitude of uses with unmatched opportunity and flexibility. Prior use as a custom cabinet manufacturing facility, it offers 10 foot ceilings, 1 garage bay with potential for a 2nd, office space, 1 /2 bath, 1 full bath, and parking for 10+ vehicles. An added bonus is a vacant lot, perfect for additional parking or future development. 3 Phase power to the building. Perfectly appointed with entry across from both bustling Lyon St and Putnam St in a prime commuter location, this property is ideal for warehouse, commercial, industrial, or potential mixed-use and residential applications. It's superior location near major highways, trains, the bus line, and NYC ensures seamless connectivity. A high visibility location sure to see your business thrive. Whether you're looking to expand your current business, invest in redevelopment, or create a mix-used residential haven, this opportunity is not to be missed! Don't miss out on your chance to secure a prime piece of real estate in this bustling New Jersey market!
Full Property Details
Full Property Details for 172 Lyon St
General
- Price: $639,000
- Taxes: $2,756 (2024)
- Status: Active
- Type: Industrial
- Source: Garden_State
- MLS ID: 3985498
- Updated: 9/8/2025
- Added to Site: 132 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 2
Additional Information
- Equipment: Restrooms - Private, Sprinkler System, Storage Area(s)
Parking
- Parking: Blacktop, Concrete, On-Street Parking, See Remarks
Location
- County: Passaic
- Driving Directions: River St to Lyon St
- Location Details: Freestanding
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Roof: Asphalt Shingles, Composition Shingle
- Ceiling Height: 10
- Door Dimensions: 9
- # Loading Docks: 1
- Bays: 1
- Stories in Building: 2
- Square Feet: 4,000
- Aprox. Leasable: 6,000 Sq. Ft.
- Previous Bldg. Use: Custom Cabinet Manufacturing F
- Office: 4,000 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X100
- Zoning: MIX
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $128
- Assessment Amount: $54,100
- Land Assmt: $43,000
- Tax Amount: $2,756
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2508-02922-0000-00016-0000-
- Block: 2922
- Lot Number: 16
Listed by Re/Max 1St Advantage
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Schools
Schools serving 172 Lyon St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 172 Lyon St
Date
Details
Price
Change
Source
9/08/2025
Listed
$639,000
411.2%
MLS
11/30/2018
Sold
$125,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 172 Lyon St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,756
10%
$54,100
—
2022
$2,511
11%
$54,100
—
2020
$2,259
1%
$54,100
—
2019
$2,236
—
$54,100
5%
2018
$2,228
12%
$51,500
8%
2017
$1,993
-4%
$47,900
—
2016
$2,078
6%
$47,900
—
2015
$1,968
-46%
$47,900
-62%
2014
$3,649
—
$126,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 172 Lyon St
172 Lyon St, Paterson, NJ 07524 (MLS# 3985498) is a Industrial property. 172 Lyon St is currently listed for $639,000 and was received on September 08, 2025. Want to learn more about 172 Lyon St? Do you have questions about finding other Industrial real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

