331 Market Street Paterson, NJ $ 650,000
331 Market Street
$ 650,000
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331 Market Street

Paterson, NJ, 07501
$ 650,000
Bedrooms6 Baths2.1

Monthly Estimate*

$ 4,055

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Multi-Family Home for sale in Paterson, NJ

for $650,000 with 6 bedrooms and 2 full baths, 1 half bath.

Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms could be rented for $1800, while the second features 4 bedrooms is currently rented for $2700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner.Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.

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Multi-Family Active

Price

$ 650,000

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 11,917

Style

2 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

25042468

Features
General
Utilities Natural Gas Connected
Architectural Style 2 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 9
Full Baths 2
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 11917.0
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Mixedflr
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Interior
Heating Y/N N
Half Baths 1
Laundry Features None
Total Bedrooms 6
Total Baths 3
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* Excluded Features

Affordability Calculator

$5,048
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$993
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$650,000 Listed Price

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331 Market Street, Paterson, NJ, 07501 is a Multi-Family Home for sale at $650,000. 331 Market Street has 6 bedrooms and 2.1 baths. The property's zip code is 07501 which is in Paterson, NJ