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384-392 River St Paterson, NJ $ 1,500,000
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$ 1,500,000 Get more info
384-392 River St
$ 1,500,000
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384-392 River St

Paterson, NJ, 07524
$ 1,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,236

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Commercial Property for sale in Paterson, NJ

for $1,500,000 with 5 half baths. This building was built in 1930 on a lot size of 0.07.

First time in the market, this fabulous 8 units mix-use property consisting of 4-2 bedrooms 2nd floor residential units in great condition, built approx. 1995 with modern/open layouts, LR, Kitchens, 2 spacious bedrooms and bath, all separate utilities and gas baseboard heat (RENTS are under Mkt Value and currently M2M at $1200 EACH), the ground floor consists of 4 shops (Unit#1 currently for rent at $2,000 a month consisting of approx 2000SQF formerly used as an upholstery shop with overhead 12' door), Unit#2: a Karate/Gym with office and 2nd floor room with restrooms rented at $1650, Unit#3: Tire-Shop currently $1,280, and Unit#4 Auto Repair $1680. Property is very well maintained and in good condition consisting of 2 lots (384-386 River St - Parking for tenants, and 386-390 River St ).This building is very well-maintained, in a convenient location of Paterson, close to shopping, NYC transp and most area's highways.

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Commercial Active

Price

$ 1,500,000

Half Bath

5

Property Type

Commercial

Taxes

$ 28,022

Style

MixedUse

Lot Size

0.07

Year Built

1930

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4008849
Features
General
Sewer Public Sewer
Construction Formed Concrete Wood
Heating 4+ Units
Cooling Wall A/C Unit(s)
Utilities All Underground
Possession 30
Roof Flat Rubberized
Zoning NA
Garage Spaces 6
Year Built 1930
Tenant Pays Electric Gas Heat Hot Water
Township Paterson City
Property Type Apartment Complex Mixed Use MixedUse
Tax Year 2024
Ownership Fee Simple
Location Business District See Remarks
Lease Information 1 Year Minimum
County Passaic
Status Active
Directions River St
Number Of Units Total 8
Tax Annual Amount 28022
Drive 2 Car Width Blacktop Off-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 550000
Town # 2508
Tax Lot 2
Farm Assessment No
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Interior
Basement Full Unfinished
Flooring Concrete See Remarks Tile Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 5
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Exterior
Lot Features Level Lot
Water Source Public Water
Total Parking 6
Exterior Description Aluminum Concrete
Building Area Total 0
Lot Dimensions 40X74 40x72
Lot Size Acres 0.07
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* Excluded Features
List By
ROBERTO SANCHEZ

Listing Agent

United Real Estate

Broker

rsanchez@robsrealtor.com

Email

Affordability Calculator

$11,571
Per Month
80%
20%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$2,335
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
2/9/2026$1,500,000 Listed Price

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384-392 River St, Paterson, NJ, 07524 is a Commercial Property for sale at $1,500,000 with a lot size of 0.07. 384-392 River St was built in 1930. The property's zip code is 07524 which is in Paterson, NJ

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