41 Paterson Ave Paterson, NJ $ 899,999
41 Paterson Ave
$ 899,999
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41 Paterson Ave

Paterson, NJ, 07522
$ 899,999
Baths0.6

Monthly Estimate*

$ 6,287

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Studio

Commercial Property for sale in Paterson, NJ

for $899,999 with 6 half baths. This building was built in 1960 on a lot size of 0.11.

This mixed-use property offers a unique blend of residential and commercial spaces, combining the convenience of apartment living with the functionality of a spacious warehouse. The structure features four well-appointed 880 square footone-bedroom apartments, each complete with a living room, dining room, kitchen, and private bathroom. Residents will appreciate the designated covered carport, ensuring hassle-free parking. In addition to the residential units, the property boasts a sizable 1875 square foot warehouse, providing ample space for various commercial or storage needs. Situated in a highly desirable area, with schools within walking distance, this property offers a prime location for both living and professionals alike. Its versatile layout and convenient amenities make it an attractive investment opportunity for those seeking a balance between residential and commercial spaces. Apartment B is vacant to make viewing easier. All apartments are the same setup.

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Commercial Pending

Price

$ 899,999

Bedrooms

Studio

Half Bath

6

Property Type

Commercial

Taxes

$ 21,655

Style

MixedUse

Lot Size

0.11

Year Built

1960

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3871022

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating Baseboard - Electric
Cooling Wall A/C Unit(s)
Utilities Electric Gas-Natural
Possession 60
Roof Asphalt Shingle
Zoning Commercial
Garage Spaces 8
Year Built 1960
Township Paterson City
Property Type Mixed Use MixedUse
Tax Year 2022
Percent Ownership Fee Simple
Location Freestanding Residential Area
Gross Income 88800
County Passaic
Net Operating Income 55530
Operating Expense 33270
Status Under Contract
Directions Totowa Ave to Paterson Ave
Total Units 5
Street Name Paterson Ave
Tax Annual Amount 21655
Drive Blacktop Concrete Driveway-Exclusive Off-Street Parking
Leasable Area 0
Days on Market 157
Standard Status Under Contract
Tax Assessed Value 466500
Town # 2508
Tax Lot 15
Farm Assessment No
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Interior
Flooring Wood
Fuel Type Electric Gas-Natural
Total Stories 2
Half Baths 6
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 5368
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded Features
List By
GIOVANNA AMATA MELI

Listing Agent

Coldwell Banker Realty

Broker

Affordability Calculator

$8,091
Per Month
78%
22%
0%
Monthly Principal & Interest
$6,287
Monthly Property Taxes
$1,805
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2023$899,999 Listed Price

Map


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41 Paterson Ave, Paterson, NJ, 07522 is a Commercial Property for sale at $899,999 with a lot size of 0.11. 41 Paterson Ave is a studio with 0.6 baths and was built in 1960. The property's zip code is 07522 which is in Paterson, NJ