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$799,900

  • For Sale
  • Active
  • Commercial
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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!

Full Property Details for 246 Paterson Ave

General

  • Price: $799,900
  • Taxes: $32,180 (2024)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 4041035
  • Updated: 7/16/2026
  • Added to Site: 29 day(s) ago

Business

  • Includes: Building Only

Interior

  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: Fire Alarm, Restrooms - Private, Restrooms - Public, See Remarks, Smoke Detector, Sprinkler System, Storage Area(s)

Parking

  • Parking: Driveway-Exclusive

Location

  • County: Passaic
  • Driving Directions: Union Ave/Crosby Ave to Paterson Ave
  • Location Details: Business District, Corner, Residential Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • 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.: Concrete
  • Basement: Yes
  • Basement Desc.: Storage, Unfinished
  • Roof: See Remarks
  • Loading: Drive-In Doors, See Remarks
  • Stories in Building: 1
  • Square Feet: 5,000
  • Aprox. Leasable: 5,000 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size: 50X100
  • Zoning: Commercial
  • Lot Description: Corner

Financial Considerations

  • Assessment Amount: $631,600
  • Land Assmt: $59,100
  • Tax Amount: $32,180
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2508-01015-0000-00020-0000-
  • Block: 1015
  • Lot Number: 20

Listed by Realty One Group Legend

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Listing agent

— 246 Paterson Ave —

  • Realty One Group Legend

862-668-8145

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 246 Paterson Ave

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 246 Paterson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/15/2026
Listed
$799,900
219.96%
MLS
7/28/2021
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
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 for 246 Paterson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$33,696
—
$1,132,600
79%
2025
$33,696
9%
$631,600
—
2023
$30,967
6%
$631,600
—
2022
$29,319
4%
$631,600
—
2021
$28,270
—
$631,600
—
2021
$28,157
16%
$631,600
7%
2019
$24,370
8%
$589,500
13%
2018
$22,500
10%
$520,100
6%
2017
$20,434
-4%
$491,200
—
2016
$21,318
6%
$491,300
—
2015
$20,183
49%
$491,300
-1%
2013
$13,583
—
$495,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Realty One Group Legend

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246 Paterson Ave, Paterson, NJ 07502 (MLS# 4041035) is a Commercial property. 246 Paterson Ave is currently listed for $799,900 and was received on July 15, 2026. Want to learn more about 246 Paterson Ave? Do you have questions about finding other Commercial real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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