502 Summer St Paterson, NJ ^$ 999,900

502 Summer St

^$ 999,900

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502 Summer St

Paterson, NJ, 07501

^$ 999,900

Bedrooms-- Baths-- Sq 4,533

Monthly Estimate*

^$ 6,238

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Commercial Property for sale in Paterson, NJ

for $999,900 with 6 half baths. This 4,533 square foot building was built in 1900 on a lot size of 0.04.

Opportunity Knocks! For sale for the first time in generations,6 unit building including 1 store front, 1- 3 br apt and 4- 2 bedrm apts. seperate gas and elec. Sale includes the 2 lots (lots 25 and 26) behind the building on Cedar st, currently fenced in and used as parking. Total of 3 lots -502 Summer St, along with 77 Cedar St, and 79-81 Cedar St.

Commercial Pending

Price

^$ 999,900

Half Bath

Property Type

Commercial

Taxes

^$ 18,133

Style

MixedUse

Lot Size

0.04

Year Built

1900

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3992696

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 4+ Units Baseboard - Hotwater

Cooling No Cool

Utilities Gas In Street Gas-Natural

Possession 30-60

Roof Asphalt Shingle

Zoning commercial

Garage Spaces 16

Year Built 1900

Tenant Pays Electric Gas Hot Water

Township Paterson City

Property Type Mixed Use Store With Apartment MixedUse

Tax Year 2024

Ownership Fee Simple

Location Freestanding Residential Area

County Passaic

Subdivision Name Sandy Hill

Status Under Contract

Directions Corner of Summer and Cedar Streets

Number Of Units Total 6

Tax Annual Amount 18133

Drive Blacktop Parking Lot-Exclusive

Leasable Area 0

Standard Status Under Contract

Tax Assessed Value 355900

Town # 2508

Tax Lot 24

Farm Assessment No

Interior

Basement Bilco-Style Door Unfinished

Flooring Vinyl-Linoleum Wood

Fuel Type Gas-Natural

Total Stories 3

Half Baths 6

Exterior

Lot Features Corner

Water Source Public Water

Total Parking 16

Exterior Description Brick/Block

Building Area Total 4533

Lot Dimensions 32X50

Lot Size Acres 0.04

* Excluded Features

List By

SALVATOR ANTOCI

Listing Agent

A.J. Cali Real Estate

Broker

samantoci@gmail.com

Affordability Calculator

$7,749

Per Month

Monthly Principal & Interest: $6,238
Monthly Property Taxes: $1,511
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Paterson, NJ

Average List Price ^$1,481,324

Percent of Sale Price 48%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/15/2025	$999,900		Listed Price

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502 Summer St, Paterson, NJ, 07501 is a Commercial Property for sale at $999,900 with 4,533 sqft and a lot size of 0.04. 502 Summer St was built in 1900. The property's zip code is 07501 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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502 Summer St

Commercial Property for sale in Paterson, NJ

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