Industrial Space For Sale or Lease

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1 Industrial Space For Sale or Lease Paterson, NJ Ÿ Location: Ÿ Building: Ÿ Available: Ÿ Purchase Price: Ÿ Rental Rate: 188 Lafayette Avenue Paterson, NJ Block 3202, Lots 7, 8, and 68 Single story industrial building consisting of 10,210 +/- SF sitting on 3 lots totaling 112 X 200 /.51 acres Ÿ 10,210 +/-SF Ÿ 800 +/- SF Office Ÿ 6 Loading Docks Ÿ 8,000 +/-SF Bonus Basement Storage Ÿ 11,000 +/-SF can be re-purposed or used for Parking or Outside Storage Ÿ 9-13 Clear Warehouse $795,000/ $78 PSF $6.50 PSF NNN Ÿ Taxes: $28,362/ $2.78 PSF (2016) Ÿ Zoning: Ÿ Occupancy: I- 1 - Light Industrial Immediate For additional information or to arrange an inspection, please call: McBRIDE CORPORATE REAL ESTATE Exclusive Broker Michael A. Brown (201) brownm@mcbridecorpre.com Note: This information is subject to errors, change of price, rental conditions, withdrawals,without notice, and to any special listing condition by our principals.

2 Property Location LAFAYETTE ST, Paterson (Paterson City), Block: 3202, Lot: 7 (Old Block: D0573, Old Lot: 3) Property Information Assessment Data Class: Class: 4A - Commercial Total Value: $352, Additional Lots: Land Value: $232, Bld Description: 1 B Improvement Value: $119, Land Description: 108X100 % Improvement: Acreage: Special Tax Codes: Square Footage: 0 Deductions: Senior() Veteran() Widow() Surv. Spouse() Disabled() Zoning: I-1, Usage: Exemption: 0 Year Constructed: 0 Exemption statute: Use Code: Rate: 4.108; 2015 Ratio: 100.0%; 2015 Taxes: $14, # Dwellings: Rate: 4.339; 2016 Ratio: 90.52%; 2016 Taxes: $15, Census Tract: Rate: N/A; 2017 Ratio: 91.45%; 2017 Taxes: $0.00 Current Owner Sale Data FOX, GEORGE Date: 03/01/ LAFAYETTE ST Price: $160, Paterson, NJ Ratio: 2.2% Previous Owner: Deed Book: 0U113 Deed Page: Latest Sales Detail Recorded: Sales Price: Recorded: Sales Price: Sales Date: Sales Ratio: Sales Date: Sales Ratio: Deed Book: Use Code: Deed Book: Use Code: Deed Page: Not Usable: Deed Page: Not Usable: Buyer Buyer FOX, GEORGE 188 LAFAYETTE ST Paterson, NJ Seller Seller

3 Property Location LAFAYETTE ST, Paterson (Paterson City), Block: 3202, Lot: 8 (Old Block: D0573, Old Lot: 2A) Property Information Assessment Data Class: Class: 4A - Commercial Total Value: $101, Additional Lots: Land Value: $100, Bld Description: Improvement Value: $ Land Description: 59X100 % Improvement: 0.2 Acreage: Special Tax Codes: Square Footage: 0 Deductions: Senior() Veteran() Widow() Surv. Spouse() Disabled() Zoning:, Usage: Exemption: 0 Year Constructed: 0 Exemption statute: Use Code: Rate: 4.108; 2015 Ratio: 100.0%; 2015 Taxes: $4, # Dwellings: Rate: 4.339; 2016 Ratio: 90.52%; 2016 Taxes: $4, Census Tract: Rate: N/A; 2017 Ratio: 91.45%; 2017 Taxes: $0.00 Current Owner Sale Data FOX, GEORGE Date: 03/01/ LAFAYETTE ST Price: $160, Paterson, NJ Ratio: 0.63% Previous Owner: Deed Book: 0U113 Deed Page: Latest Sales Detail Recorded: Sales Price: Recorded: Sales Price: Sales Date: Sales Ratio: Sales Date: Sales Ratio: Deed Book: Use Code: Deed Book: Use Code: Deed Page: Not Usable: Deed Page: Not Usable: Buyer Buyer FOX, GEORGE 188 LAFAYETTE ST Paterson, NJ Seller Seller

4 Property Location MONTGOMERY PL, Paterson (Paterson City), Block: 3202, Lot: 68 (Old Block: D0573, Old Lot: 20) Property Information Assessment Data Class: Class: 4A - Commercial Total Value: $121, Additional Lots: Land Value: $94, Bld Description: Improvement Value: $27, Land Description: 59X100 % Improvement: Acreage: Special Tax Codes: Square Footage: 0 Deductions: Senior() Veteran() Widow() Surv. Spouse() Disabled() Zoning:, Usage: Exemption: 0 Year Constructed: 0 Exemption statute: Use Code: Rate: 4.108; 2015 Ratio: 100.0%; 2015 Taxes: $5, # Dwellings: Rate: 4.339; 2016 Ratio: 90.52%; 2016 Taxes: $5, Census Tract: Rate: N/A; 2017 Ratio: 91.45%; 2017 Taxes: $0.00 Current Owner Sale Data FOX, GEORGE Date: 03/01/ LAFAYETTE ST Price: Paterson, NJ Ratio: Previous Owner: Deed Book: 0U113 Deed Page: Latest Sales Detail Recorded: Sales Price: Recorded: Sales Price: Sales Date: Sales Ratio: Sales Date: Sales Ratio: Deed Book: Use Code: Deed Book: Use Code: Deed Page: Not Usable: Deed Page: Not Usable: Buyer Buyer FOX, GEORGE 188 LAFAYETTE ST Paterson, NJ Seller Seller

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9 Section Schedule of Permitted Principal, Accessory, and Conditional Uses Non Residential Districts Uses (Uses permitted only where specifically permitted) RESIDENTIAL B 1 B 2 B 3 B 4 MU I 1 I 2 GFH H 1 I T One Family Detached Dwellings Two Family Dwellings One Family Townhouse Two Family Townhouse Multi Family Dwellings Garden Apartments ( ) ( ) ( ) ( ) ( ) ( ) ( ) Low Rise Apartments ( ) High Rise Apartments ( ) ( ) Loft Dwellings and Artist Live Work Quarters ( ) Nursing Homes and Long Terms Care Facilities ( ) ( ) ( ) Assisted Living Facilities Swimming Pools Private Residential Garages, Carports, Greenhouses Accessory to a Dwelling Home Offices ( D.4) ( D.4) ( D.4) ( D.10) ( D.10) ( D.10) ( D.10) Home Businesses ( ) ( ) ( ) ( ) Family Child Day Care Homes ( D.1) ( D.1) ( D.1) ( ) Community Residences and Community Shelters Housing 15 or Fewer Persons Community Residences and Community Shelters Housing Greater than 15 Persons Mixed Use Community Developments ( ) PUBLIC/SEMI PUBLIC Hospitals ( ) Places of Worship

10 Section Schedule of Permitted Principal, Accessory, and Conditional Uses Non Residential Districts Uses B 1 B 2 B 3 B 4 MU I 1 I 2 GFH H 1 I T (Uses permitted only where specifically permitted) Charitable Institutions Public Recreation Establishments, Parks or Playgrounds Recreational Community Centers Libraries, Museums, and Art Galleries Governmental Offices Schools Other Governmental Uses of Federal, State, County Agencies Trade or Technical Schools, and Other Such Places of Instruction Child Care Centers Health Centers and Clinics Store Front Social Club or Fraternal Lodges Private Clubs Lodges Recreational Clubs UTILITY ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) Public Utility Facilities Small Dish Antennas and TV Antennas Satellite Dish Antenna Over One Meter in Diameter COMMERCIAL / / / / / / / / / / Mixed Residential and Commercial Uses Professional Offices in the R 3 and R 4 Districts ( and ( and ( ) ( ) ( ) ( ) Mortuaries and Funeral Homes ( ) ( )

11 Section Schedule of Permitted Principal, Accessory, and Conditional Uses Non Residential Districts Uses (Uses permitted only where specifically permitted) Business or Professional Offices Medical Testing Laboratories, Medical Supply Distributors, Medical Office, Pharmacies, Florists and Professional Offices in the H 1 and H 2 Districts Banks and Drive Through Banks Neighborhood Retail Businesses B 1 B 2 B 3 B 4 MU I 1 I 2 GFH H 1 I T ( and ( and ( ( and ( and ( ( ) ( ) ( ) ( ) * Stand Alone Convenience Stores ( ) ( ) Personal Service Businesses ( ( Community Retail Businesses ( ( ) General Retail Businesses * Tailoring and Related Uses Dry Cleaning Establishments and Laundromats Liquor Stores Bars and Taverns Restaurants ( and ( and ( ) ( ) ( ( and ( and ( ) ( ) ( ( ) ( ) ( ) ( ) Restaurant, Drive Through ( ) ( ) Microbrewery and/or Brew Pub ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) * Commercial Recreation and Amusement Establishment ( ) ( ) ( ) Hotels Inns Bed and Breakfasts

12 Section Schedule of Permitted Principal, Accessory, and Conditional Uses Non Residential Districts Uses B 1 B 2 B 3 B 4 MU I 1 I 2 GFH H 1 I T (Uses permitted only where specifically permitted) Animal Hospitals ( Indoor Theaters Large Scale Retail Facilities in the I 2 District ( ) Mid Scale Retail Facilities in the I 2 District ( ) Pawn Shops Tattoo, Body Piercing, and Skin Art Studios ( ) Vehicle Rental Establishments Automobile Driving Schools Car Washing Establishments ( ) ( ) Gasoline Filling Stations ( ) ( ) ( ) ( ) Automobile Repair Service Facilities ( ) ( ) ( ) Automobile Body Repair ( ) ( ) ( ) Motor Vehicle Sales ( ) ( ) ( ) ( ) Wholesaling Establishments ( ) ( ) ( ) ( ) ( ) Business Services * Research and Development Wireless Telecommunication Service Facilities Go Go Bars ( ) ( ) Sexually Oriented Businesses ( ) ( ) Off Street Parking Facilities Serving the General Public Newsstands

13 Section Schedule of Permitted Principal, Accessory, and Conditional Uses Non Residential Districts Uses (Uses permitted only where specifically permitted) INDUSTRIAL B 1 B 2 B 3 B 4 MU I 1 I 2 GFH H 1 I T Warehousing and Storage ( D.9) ( D.9) ( D.9) ( D.9) ( ) ( ) ( ) Light Industrial Uses ( ) ( ) ( ) Recycling Facilities ( ) Overnight Taxi Cab Storage Trucking Terminals ( ) ( ) ( ) Motor Vehicle Junk Yards ( ) Automobile Dismantling ( ) ( ) Junk Yards ( ) Outdoor Storage ( ) ( ) Heavy Industrial Uses ( ) ( D.9) ( ) ( ) ( ) *Conditioned upon being part of a mixed use development. = Permitted Accessory Use; = Permitted Principal Use; = Conditional Use Section references relate to standards particular to the use (e.g., standards for conditional uses) Any use not specifically listed as permitted shall be deemed to be prohibited.

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