523 Park Ave Paterson, NJ ^$ 879,900

523 Park Ave

^$ 879,900

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523 Park Ave

Paterson, NJ, 07504

^$ 879,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,489

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Commercial Property for sale in Paterson, NJ

for $879,900 with 3 half baths. This building was built in 1939 on a lot size of 0.04.

**LOW TAXES--4895**Mixed-Use Building Offers Fantastic Income Potential And Is Situated On A Corner Lot For Maximum Visibility And Accessibility. Each Residential Unit Features 5 Bedrooms, New Kitchen, Living Rm And Updated Bath. Perfect For Large Households Or High-Yield Rental. First Floor Is A Commercial Space With Street-Level Access For Office Or Service Based Business. Large Unfinished Basement. Excellent Exposure On A Busy Corner With Plenty Of Foot Traffic. Updated Interiors Reduce Maintenance Costs. Mixed-Use Zoning Offers Flexibility And Long-Term Value. Easy Access To Highways, Transportation, Shopping & Local Amenities. Two New Furnaces & 2. New Stoves to Be Installed

Commercial Active

Price

^$ 879,900

Half Bath

Property Type

Commercial

Taxes

^$ 4,895

Style

MixedUse

Lot Size

0.04

Year Built

1939

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3996245

Features

General

Sewer Public Sewer

Construction See Remarks

Heating 3 Units

Cooling See Remarks

Utilities Electric Gas-Natural

Possession 0-30

Roof Composition Shingle

Zoning B-1

Year Built 1939

Township Paterson City

Property Type Mixed Use Office/Apartments MixedUse

Tax Year 2025

Ownership Fee Simple

Location Freestanding

County Passaic

Status Active

Directions Route 20 to 33rd to Park

Number Of Units Total 3

Tax Annual Amount 4895

Drive See Remarks

Leasable Area 0

Standard Status Active

Tax Assessed Value 93200

Town # 2508

Tax Lot 10

Interior

Basement Unfinished

Fuel Type Gas-Natural

Total Stories 1

Half Baths 3

Exterior

Lot Features Corner

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 0

Lot Dimensions 25X71

Lot Size Acres 0.04

* Excluded Features

List By

MARY CONTINI

Listing Agent

Coldwell Banker Realty

Broker

mctini2000@aol.com

Affordability Calculator

$5,897

Per Month

Monthly Principal & Interest: $5,489
Monthly Property Taxes: $408
Monthly Home Insurance: --

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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 68%

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
11/5/2025	$879,900		Listed Price

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523 Park Ave, Paterson, NJ, 07504 is a Commercial Property for sale at $879,900 with a lot size of 0.04. 523 Park Ave was built in 1939. The property's zip code is 07504 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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523 Park Ave

Commercial Property for sale in Paterson, NJ

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