89 Market St Paterson, NJ $ 999,999
89 Market St
$ 999,999
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89 Market St

Paterson, NJ, 07505
$ 999,999
Bedrooms-- Baths--

Monthly Estimate*

$ 6,239

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Commercial Property for sale in Paterson, NJ

for $999,999 with 5 half baths. This building was built in 1910 on a lot size of 0.06.

This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2 -bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside. Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is.

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Commercial Active

Price

$ 999,999

Half Bath

5

Property Type

Commercial

Taxes

$ 18,545

Style

MixedUse

Lot Size

0.06

Year Built

1910

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4001289

Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating 4+ Units Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession Flexible
Roof Flat Rubberized
Zoning B-4
Garage Spaces 0
Year Built 1910
Township Paterson City
Property Type Mixed Use Store With Apartment MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District
Gross Income 97560
County Passaic
Net Operating Income 66519
Operating Expense 31042
Status Active
Directions GPS 89 Market St. Paterson
Number Of Units Total 5
Tax Annual Amount 18545
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 364000
Town # 2508
Tax Lot 11
Cap Rate 6.59
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Interior
Basement Bilco-Style Door Full Storage Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 5
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 0
Exterior Description Brick/Block
Building Area Total 4744
Lot Dimensions 25X113
Lot Size Acres 0.06
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* Excluded Features
List By
RYAN PALIANTO

Listing Agent

Serhant New Jersey Llc

Broker

palsrealestate@gmail.com

Email

Affordability Calculator

$7,784
Per Month
80%
20%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$1,545
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
12/11/2025$999,999 Listed Price

Map


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89 Market St, Paterson, NJ, 07505 is a Commercial Property for sale at $999,999 with a lot size of 0.06. 89 Market St was built in 1910. The property's zip code is 07505 which is in Paterson, NJ