106-108 N 8Th St Paterson, NJ $ 1,090,000
106-108 N 8Th St
$ 1,090,000
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106-108 N 8Th St

Paterson, NJ, 07522
$ 1,090,000
Bedrooms-- Baths-- Sq 4,008

Monthly Estimate*

$ 6,882

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Commercial Property for sale in Paterson, NJ

for $1,090,000 with 6 half baths. This 4,008 square foot building was built in 1954 on a lot size of 0.17.

Exceptional High-Yield Multifamily Opportunity Less Than 20 Miles from Times Square. Located in a high-demand commuter corridor in Paterson, NJ, is this robust 6 residential-unit income property. Built for operational efficiency and low vacancy, this two-story building features an ideal, uniform asset mix of six spacious 2-bedroom, 1-bath units.Capital expenditure and risk are heavily mitigated by having three units which have already been recently renovated with modern finishes. Which will command top-of-the market rents and secure premium, long-term tenants. A shared driveway leads to approximately 5 private, off-street parking spaces a massive tenant draw that minimizes turnover in this dense urban market. Additionally, the property is equipped with an advanced 22-camera security system, delivering unparalleled remote operational oversight, liability protection, and enhanced tenant safety. Whether expanding a portfolio or executing a 1031 exchange, this asset delivers immediate cash flow, ease of management, and long-term equity growth in a resilient, transit-oriented market. Turnkey infrastructure with strong fundamentals schedule your acquisition tour today.

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Commercial Active

Price

$ 1,090,000

Half Bath

6

Property Type

Commercial

Taxes

$ 22,636

Style

Apartment Complex

Lot Size

0.17

Year Built

1954

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4016392

Features
General
Sewer Public Sewer
Construction See Remarks Wood
Heating Baseboard - Electric
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession See Remarks
Roof Asphalt Shingle See Remarks
Zoning Multi-family
Garage Spaces 6
Year Built 1954
Township Paterson City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area See Remarks
Gross Income 123480
County Passaic
Net Operating Income 78290
Operating Expense 37151
Status Active
Directions From W Broadway to Belmont Ave to N 8th St. 106-108 North 8th Street Paterson NJ 07522 Convenient access to local roadways.
Number Of Units Total 6
Tax Annual Amount 22636
Drive 1 Car Width Hard Surface Off-Street Parking On-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 836400
Town # 2508
Tax Lot 19
Farm Assessment No
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Interior
Basement Full Storage
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Water Source Public Water
Total Parking 6
Exterior Description Concrete See Remarks Vinyl Siding Wood
Building Area Total 4008
Lot Dimensions 50 X 100
Lot Size Acres 0.17
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* Excluded Features
List By
GEO KUMETZ

Listing Agent

Corey J Schneider

Broker

Affordability Calculator

$8,769
Per Month
78%
22%
0%
Monthly Principal & Interest
$6,882
Monthly Property Taxes
$1,886
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
6/30/2026$1,090,000 -12.80% Price Down
6/30/2026$1,250,000 -1.96% Price Down
6/9/2026$1,275,000 -1.85% Price Down
4/20/2026$1,299,000 -1.96% Price Down
4/9/2026$1,325,000 -1.78% Price Down
3/31/2026$1,349,000 -3.57% Price Down
3/24/2026$1,399,000 Listed Price

Map


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106-108 N 8Th St, Paterson, NJ, 07522 is a Commercial Property for sale at $1,090,000 with 4,008 sqft and a lot size of 0.17. 106-108 N 8Th St was built in 1954. The property's zip code is 07522 which is in Paterson, NJ