384-390 River Street Paterson, NJ $ 1,500,000
384-390 River Street
$ 1,500,000
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384-390 River Street

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.

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 with many upgrades including newer roof, 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

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26004333

Features
General
Roof Flat See Remarks
Rooms None
County PASSAIC
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Paterson
Taxes 29500
Year Built Details 1940's Build Prior to 1978
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Rtl/Apt
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$9,236
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
--
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2026$1,500,000 Listed Price

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384-390 River Street, Paterson, NJ, 07524 is a Commercial Property for sale at $1,500,000. The property's zip code is 07524 which is in Paterson, NJ