89 Market Street, Paterson, NJ 07505

$999,999
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Active
BEDS0 BATHS MLS#25042999
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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 2 -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.

89 Market Street | MLS# 25042999

This multi-family property located at 89 Market Street, Paterson, NJ 07505 is currently listed for sale with an asking price of $999,999. Search Paterson real estate on cobrien.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Roof Type: Flat
Taxes: $18,545

Feature Descriptions

Days on Site: 128
Owner Pays: Common Area, Water, Taxes
Property Utilities: Gas, Munincipal WATER, Sewer

Listed By / Shown By

Listing By

Agency Name: Serhant New Jersey LLC
Agency Phone: 646-480-7665

Shown By

Agent Name: Catherine O'Brien, Lic. RE Salesperson
Agent Phone: Cell: (914) 329-9834
Agency Title: Joyce Realty

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Estimated Payment

$ 4,062.65 per month $2,225.57 Principal & Interest $1,545.42 Property Tax $291.67 Homeowner's Insurance

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