81-85 Berkshire Ave Paterson, NJ $ 2,250,000
81-85 Berkshire Ave
$ 2,250,000
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81-85 Berkshire Ave

Paterson, NJ, 07502
$ 2,250,000
Bedrooms-- Baths-- Sq 10,050

Monthly Estimate*

$ 14,037

81-85 Berkshire Ave, Paterson, NJ 07502 - Image 1
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Commercial Property for sale in Paterson, NJ

for $2,250,000 with 7 half baths. This 10,050 square foot building was built in 1900 on a lot size of 0.16.

Portfolio offering: 81"85 Berkshire Ave, Paterson three adjacent mixed-use buildings sold together. The property combines two ground-floor commercial storefronts with seven apartments above (one-, two- and three-bedroom layouts), delivering diversified income in a neighborhood setting near shopping, bus lines, and major roadways. Buildings are currently occupied with staggered lease expirations, supporting near-term stability. Operations are efficient with primarily tenant-paid utilities; ownership provides cold water. Off-street parking is available via assigned spaces and on-site driveways. Attractive value-add upside exists over time through mark-to-market as leases roll, retail optimization, and potential conversion from 1 commercial unit to a residential . A compelling North Jersey infill asset for long-term hold or 1031 exchange.

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Commercial Active

Price

$ 2,250,000

Half Bath

7

Property Type

Commercial

Taxes

$ 31,272

Style

MixedUse

Lot Size

0.16

Year Built

1900

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3995236

Features
General
Sewer Public Sewer
Construction Brick/Block
Heating See Remarks
Cooling See Remarks
Utilities Electric Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Zoning comm
Year Built 1900
Tenant Pays Electric Gas Heat Hot Water
Township Paterson City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Residential Area
County Passaic
Status Active
Directions Union Ave to Berkshire Ave
Number Of Units Total 9
Tax Annual Amount 31272
Drive Off-Street Parking
Leasable Area 1800
Standard Status Active
Tax Assessed Value 204600
Town # 2508
Tax Lot 8
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 10050
Lot Dimensions 71 X 100
Lot Size Acres 0.16
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Interior
Fuel Type See Remarks
Total Stories 3
Half Baths 7
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* Excluded Features
List By
ANDRES OSPINA

Listing Agent

Real

Broker

Affordability Calculator

$16,643
Per Month
84%
16%
0%
Monthly Principal & Interest
$14,037
Monthly Property Taxes
$2,606
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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2025$2,250,000 Listed Price

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81-85 Berkshire Ave, Paterson, NJ, 07502 is a Commercial Property for sale at $2,250,000 with 10,050 sqft and a lot size of 0.16. 81-85 Berkshire Ave was built in 1900. The property's zip code is 07502 which is in Paterson, NJ