119 W Broadway Paterson, NJ $ 600,000
119 W Broadway
$ 600,000
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119 W Broadway

Paterson, NJ, 07522
$ 600,000
Bedrooms-- Baths--
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Property for Rent in Paterson, NJ

for $600,000 with 4 half baths. The lot size is 0.04.

Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 10.2% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market

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Rental Active

Price

$ 600,000

Half Bath

4

Taxes

$ 13,598

Style

MixedUse

Lot Size

0.04

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3964696

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 2 Units Baseboard - Hotwater
Cooling No Cool
Utilities Gas In Street
Possession 0-30
Roof Flat
Zoning Commercial
Garage Spaces 0
Year Built 9999
Tenant Pays Electric Heat Hot Water Maintenance-Common Area Maintenance-Lawn Snow Removal
Township Paterson City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District
Lease Information Month-To-Month
Gross Income 90600
County Passaic
Net Operating Income 61240
Operating Expense 29360
Status Active
Directions NJ 19 to Cianci to W Broadway
Number Of Units Total 3
Tax Annual Amount 13598
Drive None
Leasable Area 0
Lease Type Gross
Standard Status Active
Tax Assessed Value 266900
Town # 2508
Tax Lot 8
Cap Rate 10.20
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Interior
Basement Bilco-Style Door Unfinished
Flooring Tile Vinyl-Linoleum Wood
Fuel Type Gas-Natural
Total Stories 3
Half Baths 4
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Vinyl Siding
Building Area Total 3235
Lot Dimensions 23X74
Lot Size Acres 0.04
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* Excluded Features
List By
MARILOU WONG

Listing Agent

C-21 Gemini, Llc.

Broker

mwongrealestate@gmail.com

Email

Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$600,000 -7.69% Price Down
10/2/2025$650,000 -10.34% Price Down
5/22/2025$725,000 Listed Price

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119 W Broadway, Paterson, NJ, 07522 is a Property for Rent at $600,000 with a lot size of 0.04. The property's zip code is 07522 which is in Paterson, NJ