540 Broadway | MLS #4019878 | RE/MAX of New Jersey

Shovel-ready development opportunity in Paterson fully approved for a 28-unit residential project with 46 parking spaces - valuable 30-year tax abatement in place. Ideally located near major shopping, transportation, hospital, schools, and houses of worship. A prime turnkey investment for builders and developers ready to break ground. Close to highways, shopping, schools, transportation. Taxes are on LAND only - PLANS AND RESOLUTION AVAILABLE UPON REQUEST

Source: Garden State MLS, MLS#: 4019878

Listing provided courtesy of NICHOLAS REAL ESTATE AGENCY- MLS# 4019878

Contact Information: 973-340-1202

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Property Type

Land
Lot

0.31 acres

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Lisa Peluso
Sales Associate
RE/MAX Town & Valley II
Cell 201-874-1287

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 540 Broadway

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value	Agent
4/10/2026Source: Garden State MLS	Added to Database	April 10, 2026