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83 Broadway Paterson, NJ $ 1,598,000
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83 Broadway
$ 1,598,000
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83 Broadway

Paterson, NJ, 07505
$ 1,598,000
Bedrooms-- Baths-- Sq 9,100

Monthly Estimate*

$ 9,839

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Commercial Property for sale in Paterson, NJ

for $1,598,000 with 7 half baths. This 9,100 square foot building was built on a lot size of 0.05.

Spacious mixed-use investment opportunity located in the heart of vibrant downtown Paterson. This over 9,000 sq ft building features seven total units, including three 3-bedroom apartments, three 2-bedroom apartments, and a large street level storefront with excellent visibility and foot traffic.The property offers strong income potential, with projected rents of up to $20,000 per month. Ideal for investors seeking a high-yield asset in a growing commercial corridor, close to public transportation, shops, restaurants, and major highways.The storefront is currently vacant, presenting a prime opportunity for an owner-user to operate their own business while collecting rental income from the residential units, or for an investor to secure a substantial income producing property in a prime location.

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Commercial Active

Price

$ 1,598,000

Half Bath

7

Property Type

Commercial

Taxes

$ 33,438

Style

MixedUse

Lot Size

0.05

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4008801
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 4+ Units
Cooling No Cool
Utilities Gas In Street
Possession At Closing
Roof Flat
Zoning B-4
Year Built 9999
Township Paterson City
Property Type Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District Residential Area
County Passaic
Status Active
Directions Google Maps
Number Of Units Total 7
Tax Annual Amount 33438
Drive On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 656300
Town # 2508
Tax Lot 8
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Interior
Basement Full
Fuel Type Gas-Natural
Total Stories 4
Half Baths 7
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 9100
Lot Dimensions 25X92
Lot Size Acres 0.05
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* Excluded Features
List By
JUAQUANNA GAINES

Listing Agent

Essential Real Estate

Broker

juaquannag@gmail.com

Email

Affordability Calculator

$12,626
Per Month
78%
22%
0%
Monthly Principal & Interest
$9,839
Monthly Property Taxes
$2,787
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
2/8/2026$1,598,000 Listed Price

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83 Broadway, Paterson, NJ, 07505 is a Commercial Property for sale at $1,598,000 with 9,100 sqft and a lot size of 0.05. The property's zip code is 07505 which is in Paterson, NJ

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