179 Illinois Ave Paterson, NJ ^$ 425,000

179 Illinois Ave

^$ 425,000

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179 Illinois Ave

Paterson, NJ, 07503

^$ 425,000

Bedrooms-- Baths-- Sq 2,600

Monthly Estimate*

^$ 2,617

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Commercial Property for sale in Paterson, NJ

for $425,000 with 3 half baths. This 2,600 square foot building was built in 1950 on a lot size of 0.14.

Mixed use 2 story building. First floor office space is vacant. Six rooms on main level with half bath, full basement partially finished with half bath. Second floor has a tenant, one Bedroom, EIK, Living room, Full Bath, Hardwood Floors, Attic for storage. Lease that expires 01/31/2027. Rent $1800.00 plus tenant pays for the garage $180.00. Tenant pays for cable , all other utilties are included. Corner lot with fenced in yard. Local to Schools and Rt 80.

Commercial Coming Soon

Price

^$ 425,000

Half Bath

Property Type

Commercial

Taxes

^$ 8,050

Style

MixedUse

Lot Size

0.14

Year Built

1950

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4011165

Features

General

Sewer Public Sewer Sewer Charge Extra

Construction Brick/Block

Heating 1 Unit Forced Hot Air Multi-Zone

Cooling 1 Unit Central Air

Utilities Electric Gas-Natural

Possession Immediate

Roof Asphalt Shingle

Zoning Mixed Use

Garage Spaces 1

Year Built 1950

Tenant Pays Cable T.V.

Township Paterson City

Property Type Mixed Use MixedUse

Tax Year 2025

Ownership Fee Simple

Location Residential Area

Gross Income 23760

County Passaic

Net Operating Income 23760

Operating Expense 0

Subdivision Name Lakeview

Status Coming Soon

Directions Rt 80 to Madison to Pennsylvania Avenue to corner of Illinois and Trenton/ School across the street

Number Of Units Total 2

Tax Annual Amount 8050

Drive 1 Car Width Blacktop

Leasable Area 0

Standard Status Coming Soon

Tax Assessed Value 150900

Town # 2508

Tax Lot 27

Farm Assessment No

Interior

Basement Finished-Partially Full

Flooring Vinyl-Linoleum

Fuel Type Gas-Natural

Total Stories 2

Half Baths 3

Exterior

Lot Features Corner Level Lot

Water Source Public Water Water Charge Extra

Total Parking 1

Exterior Description Brick/Block

Building Area Total 2600

Lot Dimensions 64X95

Lot Size Acres 0.14

* Excluded Features

List By

LUCILLE T. BRULE

Listing Agent

Coldwell Banker Realty

Broker

lutb54@aol.com

Affordability Calculator

$3,288

Per Month

Monthly Principal & Interest: $2,617
Monthly Property Taxes: $671
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Paterson, NJ

Average List Price ^$1,515,874

Percent of Sale Price 257%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/24/2026	$425,000		Listed Price

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179 Illinois Ave, Paterson, NJ, 07503 is a Commercial Property for sale at $425,000 with 2,600 sqft and a lot size of 0.14. 179 Illinois Ave was built in 1950. The property's zip code is 07503 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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179 Illinois Ave

Commercial Property for sale in Paterson, NJ

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