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242-244 Main Paterson, NJ $ 1,359,000
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$ 1,359,000 Get more info
242-244 Main
$ 1,359,000
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Share Save

242-244 Main

Paterson, NJ, 07505
$ 1,359,000
Bedrooms-- Baths--
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Property for Rent in Paterson, NJ

for $1,359,000.

Solid 6 Story Mixed-use building, 1Retail, five apartments, located on Main St., the busiest street in Paterson. This building has great potential to increase income. The current rent is below the market value. Current income is $119,400. Each floor is $1800 Sqft. Huge size. You can make a 3-bed apartment on each floor. This building has true value. The potential income will exceed $200,000. Section 8 in Paterson for a 3-bed $2550. Retail ( Cell phone store), four(4) apartments are updated. Separated heating, the 6th floor is vacant. Full basement.

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Rental Active

Price

$ 1,359,000

Taxes

$ 37,076

Style

Retail

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

25034363
Features
General
Heating Baseboard Natural Gas
Cooling Gas
Utilities Sep Elec Sep Gas
Rooms None
Property Subtype Retail
Ownership Private
Waterfront Features None
County PASSAIC
Property Type Commercial Sale/Lease
HOA N
Status Active - Active
City Paterson
Tax Annual Amount 37076.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
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* Excluded Features
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/24/2025$1,359,000 Listed Price

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242-244 Main, Paterson, NJ, 07505 is a Property for Rent at $1,359,000. The property's zip code is 07505 which is in Paterson, NJ

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