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$7,000
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Property Description
Lease Value: $7,000/Month + Taxes + Insurance.Great opportunity to purchase a freshly, re-modeled auto repair garage building and lotin a very busy, high traffic area. Recently, Renovated in 2018 with new electrical,plumbing, and heating; a $12k Camera Security System; remodeled interior andexterior; new equipment for the garage bay area( see documents for list of items); and paved driveway. Not only can you repair vehicles you can even repair 10 to 30passenger school buses and vans. Currently, being used as auto dealer and auto/busrepair. Situated next door to a high traffic car wash on Union Ave. Come see this Great Investment.Address is 476-480 Union Ave. Paterson, NJ "Alex & Sons Auto Repair"
Full Property Details
Full Property Details for 480 Union Ave
General
- Price: $7,000
- Taxes: $18,851 (2024)
- Status: Active
- Type: Commercial Lease
- Source: Garden_State
- MLS ID: 3983212
- Updated: 9/18/2025
- Added to Site: 144 day(s) ago
Rental Information
- Lease/Rent Term: Other
- Lease Includes: Taxes
- Lease Terms: 1 Year Minimum, See Remarks
Additional Information
- Equipment: See Remarks
Parking
- Parking: 2 Car Width, See Remarks
Location
- County: Passaic
- Driving Directions: Union Ave
- Location Details: See Remarks
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: Natural Gas
Structural Information
- Square Feet: 1,316
- Year Built: 1960
- Remodeled/Updated: 2018
Lot Features
- Lot Size (Acres): 0.15
- Lot Size: 72X88
- Zoning: COMM B2
Financial Considerations
- Price Per Sq. Ft.: $63
- Assessment Amount: $370,000
- Land Assmt: $181,300
- Tax Amount: $18,851
- Tax Year: 2024
- Owner Pays: No Utilities
- Tenant Pays: Electric, Gas, Heat
Disclosures and Reports
- APN: 2508-00913-0000-00003-0000-
- Block: 913
- Lot Number: 3
Listed by Keller Williams Village Square
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Schools
Schools serving 480 Union Ave
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 480 Union Ave
Date
Details
Price
Change
Source
8/26/2025
Listed
$7,000
—
MLS
Disclaimer: Historical sales 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 480 Union Ave
480 Union Ave, Paterson, NJ 07522 (MLS# 3983212) is a Commercial Lease property. 480 Union Ave is currently listed for $7,000 and was received on August 26, 2025. Want to learn more about 480 Union Ave? Do you have questions about finding other Commercial Lease real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

