523 Park Avenue Paterson, NJ $ 799,000
523 Park Avenue
$ 799,000
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523 Park Avenue

Paterson, NJ, 07504
$ 799,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,045

523 Park Avenue, Paterson, NJ 07504 - Image 1
523 Park Avenue, Paterson, NJ 07504 - Image 2

Commercial Property for sale in Paterson, NJ

for $799,000.

Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. sold strictly as-is.

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Commercial Active

Price

$ 799,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26026928

Features
General
Roof Asphalt
Rooms None
County PASSAIC
Property Type 5+ Mixed Use
HOA N
Status Active - Active
City Paterson
Taxes 4972
Year Built Details 1940's Build Prior to 1978
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
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* Excluded Features

Affordability Calculator

$5,045
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,045
Monthly Property Taxes
--
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$799,000 Listed Price

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523 Park Avenue, Paterson, NJ, 07504 is a Commercial Property for sale at $799,000. The property's zip code is 07504 which is in Paterson, NJ