58 Wayne Ave Paterson, NJ ^$ 1,250,000

58 Wayne Ave

^$ 1,250,000

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Recently Listed

58 Wayne Ave

Paterson, NJ, 07522

^$ 1,250,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 7,798

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Commercial Property for sale in Paterson, NJ

for $1,250,000. The lot size is 0.11.

Investment Property Opportunity!!! This is a rare opportunity to acquire an income generating 5 Family building situated in prime location right next to the beautiful Paterson falls. There are seven garages and an additional four storage units on the property for additional rental income!! This is a corner property with curb appeal. Located in close proximity to shopping stores and transportation.

Commercial Active

Price

^$ 1,250,000

Property Type

Commercial

Taxes

^$ 14,790

Style

Apartment Complex

Lot Size

0.11

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3998138

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 4+ Units

Cooling Window A/C(s)

Utilities Gas-Natural

Possession 0-30

Roof See Remarks

Zoning R3

Year Built 0

Township Paterson City

Property Type Apartment Complex Apartment Complex

Tax Year 2024

Ownership Fee Simple

Location Residential Area

County Passaic

Status Active

Directions I80 Ramp to Paterson to Squirrelwood Rd to Rifle Camp Rd to Grand St to Hoxey St to McBride Ave to Wayne Ave

Number Of Units Total 5

Tax Annual Amount 14790

Drive Assigned See Remarks

Leasable Area 0

Standard Status Active

Tax Assessed Value 290300

Town # 2508

Tax Lot 33

Interior

Basement Unfinished

Fuel Type Gas-Natural

Total Stories 2

Half Baths 0

Exterior

Lot Features Corner

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 0

Lot Dimensions 50X100

Lot Size Acres 0.11

* Excluded Features

List By

Beryl Bells

Listing Agent

Weichert Realtors

Broker

Clifton

Office

Affordability Calculator

$9,031

Per Month

Monthly Principal & Interest: $7,798
Monthly Property Taxes: $1,233
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 19%

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
11/17/2025	$1,250,000		Listed Price

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58 Wayne Ave, Paterson, NJ, 07522 is a Commercial Property for sale at $1,250,000 with a lot size of 0.11. The property's zip code is 07522 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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58 Wayne Ave

Commercial Property for sale in Paterson, NJ

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