Bankruptcy Auction! Seven (7) 2-4 multi-family and mixed-use properties in Paterson and Hawthorne, NJ.

523 Park Ave Park Avenue Paterson, NJ 07504

523 Park Ave Park Avenue , Paterson, NJ, 07504
523 Park Ave Park Avenue , Paterson, NJ, 07504
FOR SALE REO Auction Property
Property Type:
Mixed Use
Amount:
$499,000
Cap Rate:
0.00%
Last Verified:
Mar 05, 2025

Daily Email Blast
0 times


Includes both income-producing and non-income-producing properties, ideal for investors looking for existing income, and/or fix and flips. Unique opportunity. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. Download executive summary for detailed information. In re: Chapter 11 Bankruptcy Case No.: 23-17272 (SLM), WHAIRHOUSE LIMITED LIABILITY COMPANY, IN THE UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY.

Additional URLs

Map of 523 Park Ave Park Avenue , Paterson, NJ, 07504

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.