386-390 River Street
Paterson, NJ, 07524 $ 1,349,000
Bedrooms-- Baths-- for $1,349,000.
Annual income of approx. $138k/yr, Residential/Commercial, fully rented with great-paying tenants, very well-maintained, hassle-free property featuring a 2nd floor with 4-2 bedrooms, modern apartments built in 1990-1991 in great condition, with open layouts; (2 BEDROOMS, 1 mod-tiled bath and kitchen, LR/DR, Closets, casement windows, and more) fully rented with M2M leases. The ground floor consists of units 5 and 6 with approx. 4100 SQF combined for many possibilities (currently rented for $2,000 and $1650), and UNITS 7 and 8 on the Putnam St side currently rented for ($1,280 and $1,680), Parking lot, fenced-in, currently used by residential tenants for approx 6 cars, ALL SEPARATE utilities, including electric, heat, water, convenient location, (FULL BASEMENT, Great for storage/utility shop, etc), close to NYC bus, shopping, and major highways. a MUST SEE INVESTMENT Property. Well-maintained, a must-see investment property. Text or call the agent for a pro forma and additional information.
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FeaturesGeneralHeating Baseboard Natural Gas Heat Pump Hot Water Other
Cooling Gas Heat Pump Other
Utilities Sep Elec Sep Gas Sep Water
Rooms None
Property Subtype Retail
Ownership Private
Waterfront Features None
County PASSAIC
Property Type Commercial Sale/Lease
HOA N
Status Active - Active
City Paterson
Tax Annual Amount 29342.0
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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* Excluded FeaturesNearbyAbout Paterson, NJ 148,635 Population
0% Since 2002
$ 36,191 Median Income
34.64 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/16/2026 | $1,349,000 | | Listed Price |