$900,000
Active
Paterson City
About this home
Approved 20 unit development opportunity! Shovel in the ground project with site plan and variances approved for a proposed 5 story residential building featuring 4 studio units, 12 one bedroom units, and 4 two bedroom units, plus 9 on-site parking spaces. Existing structure is to be removed as part of the approved development plans. An excellent opportunity for a developer to move forward with a project that has already completed the approval process. Buyer to perform their own due diligence and independently verify all approvals, requirements, and development details. See approved plans for additional information.
Taxes & fees
Annual property tax
$10,568
Tax year
2025
Tax rate
5.335
Property details
Lot Size Area
0.14
MLS #
4052195
Features & amenities
Days on market
0
Lot dimensions
50X125
Listing source
GSMLS