5+ Mixed Use For Sale in Paterson, NJ
MLS# : 25042999
PROPERTY DETAILS
PROPERTY DESCRIPTION
This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 1-bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside. Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is.
Amenities
This listing is a courtesy of Serhant New Jersey LLC
646-480-7665 office, listing agent Michael J. Reddin
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $275,000 - 899,900 | 23 |
| Condos : | $179,000 - 335,000 | 11 |
| Co-ops : | - | |
| Twnhs : | $365,000 - 395,000 | 2 |
| 2-4 Fam : | $349,900 - 899,900 | 65 |
| 5+ Fam : | $659,000 - 3,495,000 | 5 |
| Land : | $60,000 - 3,150,000 | 6 |
| Rentals : | $1,350 - 5,000 | 56 |
| Mixd Use : | $399,999 - 3,495,000 | 13 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $15,000 - 300,000 | 6 |
