331 Market St Paterson, NJ ^$ 650,000

331 Market St

^$ 650,000

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Recently Listed

331 Market St

Paterson, NJ, 07501

^$ 650,000

Bedrooms-- Baths-- Sq 3,168

Monthly Estimate*

^$ 4,055

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Commercial Property for sale in Paterson, NJ

for $650,000 with 2 half baths. This 3,168 square foot building was built in 1910 on a lot size of 0.07.

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.

Commercial Active

Price

^$ 650,000

Half Bath

Property Type

Commercial

Taxes

^$ 11,917

Style

MixedUse

Lot Size

0.07

Year Built

1910

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4000585

Features

General

Sewer Public Sewer

Construction Brick/Block

Heating 2 Units

Cooling Window A/C(s)

Utilities Gas-Natural

Possession asap

Roof Flat

Zoning mix use

Garage Spaces 0

Year Built 1910

Township Paterson City

Property Type Mixed Use MixedUse

Tax Year 2024

Ownership Fee Simple

Location Freestanding

County Passaic

Status Active

Directions Market St to Property

Number Of Units Total 3

Tax Annual Amount 11917

Drive On-Street Parking

Leasable Area 1020

Standard Status Active

Tax Assessed Value 233900

Town # 2508

Tax Lot 24

Interior

Basement Full

Fuel Type Gas-Natural

Total Stories 2

Half Baths 2

Exterior

Water Source Public Water

Total Parking 0

Exterior Description Aluminum

Building Area Total 3168

Lot Dimensions 27X120

Lot Size Acres 0.07

* Excluded Features

List By

BISHOY MEGALLA

Listing Agent

Keller Williams Team Realty

Broker

bishoyteamrealty@gmail.com

Affordability Calculator

$5,048

Per Month

Monthly Principal & Interest: $4,055
Monthly Property Taxes: $993
Monthly Home Insurance: --

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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 128%

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
12/5/2025	$650,000		Listed Price

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331 Market St, Paterson, NJ, 07501 is a Commercial Property for sale at $650,000 with 3,168 sqft and a lot size of 0.07. 331 Market St was built in 1910. 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 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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331 Market St

Commercial Property for sale in Paterson, NJ

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