For Sale

294 Broadway,Paterson City, NJ 07501

November 4, 2025

Newer property, (clean, well maintained), Decorated public areas and A prime investment opportunity, a two-story commercial, four tenants! (currently has a dentist with a lease) building located at 294-298 Broadway has 18 parking spaces, located near the Downtown area and a bus & train terminal to NYC. This building is Perfect for physicians, wellness professionals, retail, and offices, and is zoned by the City as a dental and Medical, and office building. The location is on a main road in the heart of Paterson. This commercial building with an ELEVATOR is 17 years old.The parking lot has a electrical motorized gate,Offers exceptional rental potential, Also all Steel doors. And Exterior doors are gated, All public areas closed circuit monitoring. For more details, please reach out to the LA. Tim.

Property ID:PT-8985770-AXZR

Offer Type:For Sale

Property Type:Office Building Complex

Price: 1,290,000 $

Year Built:2008

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 75X102

Lot Description: Corner, Level Lot

Office SqFt: 7649

Property Type: Office Building Complex

Available: Immediately, Vacant

Lot Identifier: 8

Home Details

Subdivision: Eastside

Location: Business District, Corner, Residential Area

Acreage: 0.18

Sale Includes: Building Only

Construction: Brick/Block

Exterior Description: Brick/Block

Roof Description: Flat, Rubberized

Number of Garage Spaces: 18

Number of Stories: 2

Number of Units: 4

Number of Lavatories: 4

Floors: Carpeting, Tile

Available SqFt: 7649

Building SqFt: 7649

Available Parking Spaces: 18

Parking Desc: Blacktop, Fencing, Off-Street Parking, Parking Lot-Exclusive

Easement/Desc: No

Basmnt/Desc: Yes - Finished, Full

Tenant Pays: Cable T.V., Electric, Gas, Heat, Hot Water

Owner Pays: Maintenance-Common Area, No Utilities, Repairs, Sewer, Snow Removal

YB/Desc: 2008 - Approximate

Block Identifier: 4305

County Number: 25

Town Number: 2508

Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale

Documents Available: Building Plans, Leases

Lease Includes: Common Area Maint, Sewer, Water

Ownership: Fee Simple

Tax ID For Property: 2508-04305-0000-00008-0000-

Tax Amount: $22,800.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $156,800.00

Building Assessment: $290,700.00

Total Assessment: $447,500.00

Utilities

Equipment Available: Burglar Alarm, Fire Alarm, Handicapped Access, Passenger Elevator(s), Restrooms - Private, Sign - Building, Smoke Detector, Sprinkler System

Heat Source: Gas-Natural

Heat System: 4+ Units, Forced Hot Air

Cool System: 4+ Units, Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Services: Fiber Optic Available, Prewired for Internet, Prewired for Phone