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199 W Broadway Paterson, NJ $ 4,250,000
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$ 4,250,000 Get more info
199 W Broadway
$ 4,250,000
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Recently Listed New Construction
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199 W Broadway

Paterson, NJ, 07522
$ 4,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 26,168

199 W Broadway, Paterson, NJ 07522 - Image 1
199 W Broadway, Paterson, NJ 07522 - Image 2
199 W Broadway, Paterson, NJ 07522 - Image 3
199 W Broadway, Paterson, NJ 07522 - Image 4
199 W Broadway, Paterson, NJ 07522 - Image 5
199 W Broadway, Paterson, NJ 07522 - Image 6
199 W Broadway, Paterson, NJ 07522 - Image 7

Commercial Property for sale in Paterson, NJ

for $4,250,000 with 22 half baths. This building was built in 2022 on a lot size of 0.11.

Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.

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Commercial Active

Price

$ 4,250,000

Half Bath

22

Property Type

Commercial

Taxes

$ 4,590

Style

Apartment Complex

Lot Size

0.11

Year Built

2022

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4008031
Features
General
Sewer Public Sewer
Construction Wood
Heating 4+ Units Forced Hot Air
Cooling 4+ Units Central Air
Utilities Gas-Natural
Possession at closing
Roof Flat Rubberized
Zoning Redevelopment
Year Built 2022
Tenant Pays Electric Gas Heat Hot Water
Township Paterson City
Property Type Apartment Complex Mixed Use Office/Retail Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Business District Residential Area
County Passaic
Status Active
Directions Main Street to W Broadway
Number Of Units Total 13
Tax Annual Amount 4590
Drive Parking Lot-Exclusive
Leasable Area 0
Standard Status Active
Tax Assessed Value 90100
Town # 2508
Tax Lot 12
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Interior
Basement Partial
Fuel Type Gas-Natural
Total Stories 3
Half Baths 22
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 0
Lot Dimensions 50X100
Lot Size Acres 0.11
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* Excluded Features
List By
MARIA BREVIG

Listing Agent

Haven Realty

Broker

maria@havenrealtypartners.com

Email

Affordability Calculator

$26,550
Per Month
99%
1%
0%
Monthly Principal & Interest
$26,168
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/3/2026$4,250,000 Listed Price

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199 W Broadway, Paterson, NJ, 07522 is a Commercial Property for sale at $4,250,000 with a lot size of 0.11. 199 W Broadway was built in 2022. The property's zip code is 07522 which is in Paterson, NJ

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