354 Hamilton Avenue Paterson, NJ $ 900,000
354 Hamilton Avenue
$ 900,000
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354 Hamilton Avenue

Paterson, NJ, 07501
$ 900,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,615

354 Hamilton Avenue, Paterson, NJ 07501 - Image 1
354 Hamilton Avenue, Paterson, NJ 07501 - Image 2

Commercial Property for sale in Paterson, NJ

for $900,000. This building was built in 2020.

This exceptional project presents a unique opportunity to develop a highly sought-after 9-unit residential building in a thriving location. All necessary city approvals are in place, streamlining the development process and minimizing potential delays. Buyer will only have to apply for permits and break ground immediately. The building thoughtfully incorporates a lobby, mail and package area, stairwell, refuse and recycling room, and a studio unit on the ground floor. The 2nd and 3rd floors feature a one 1 bedroom unit and three 2 bedroom units on each floor, catering to a diverse range of potential residents. 6 off-street parking spaces and a bike rack enhance resident convenience and appeal. This property has an area of 5,520 Sq Ft. This project may qualify for 20 or 30 year tax abatement subject to city approvals.

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Commercial Active

Price

$ 900,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

2020

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

25002192

Features
General
Roof Asphalt
Rooms None
County PASSAIC
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Paterson
Taxes 10297
Year Built Details 2020's
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$5,615
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,615
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$900,000 Listed Price

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354 Hamilton Avenue, Paterson, NJ, 07501 is a Commercial Property for sale at $900,000. 354 Hamilton Avenue was built in 2020. The property's zip code is 07501 which is in Paterson, NJ