Paterson City, NJ 07505,89 Market St
Paterson City, NJ 07505,89 Market St
Paterson City, NJ 07505,89 Market St
Paterson City, NJ 07505,89 Market St
Paterson City, NJ 07505,89 Market St
Paterson City, NJ 07505,89 Market St
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$ 999,999
Est. payment | /mo

2,613 Sqft Lot


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$ 999,999
Est. payment | /mo
Save

2,613 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4001289

Year Built 1910

Annual Tax Amount $18,545

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

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.

Location

State NJ

County Passaic

Zoning B-4

Rooms

Basement Bilco-Style Door, Full, Storage, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Appliances

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat, Rubberized

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by SERHANT NEW JERSEY LLC
Lisa Turek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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89 Market St