502 Summer Street Paterson, NJ ^$ 999,900

502 Summer Street

^$ 999,900

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502 Summer Street

Paterson, NJ, 07501

^$ 999,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 6,238

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Commercial Property for sale in Paterson, NJ

for $999,900.

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

Property Type

Commercial

Taxes

^$ 0

Style

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

25036864

Features

General

Roof Asphalt

Rooms None

County PASSAIC

Property Type 5+ Mixed Use

HOA N

Status Under Contract - Under Contract

City Paterson

Taxes 18133

Year Built Details 1900-1939 Build Prior to 1978

Lease Considered Y/N N

Standard Status Pending

Property Sub Type Additional Rtl/Apt

Interior

Heating Y/N N

* Excluded Features

Affordability Calculator

$6,238

Per Month

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

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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.

843640 Elementary School

843641 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 Street, Paterson, NJ, 07501 is a Commercial Property for sale at $999,900. 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 the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 12/5/2025.

Source: New Jersey Multiple Listing Service, Inc.

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502 Summer Street

Commercial Property for sale in Paterson, NJ

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