Listing Details

331 Market St,Paterson City, NJ 07501-2247

  • December 5, 2025

Description

Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms could be rented for $1800, while the second features 4 bedrooms is currently rented for $2700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner.Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.

Details

Last Updated On: December 5th, 2025 at 4:42 pm
Property ID:PT-18154404-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 650,000 $
Year Built:1910

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 27X120
Office SqFt: 1020
Property Type: Mixed Use
Lot Identifier: 24

Home Details

Location: Freestanding
Acreage: 0.07
Sale Includes: Building Only
Construction: Brick/Block
Exterior Description: Aluminum
Roof Description: Flat
Number of Stories: 2
Number of Units: 3
Number of Lavatories: 2
Available SqFt: 3168
Building SqFt: 3168
Parking Desc: On-Street Parking
Easement/Desc: Unknown
Basmnt/Desc: Yes - Full
YB/Desc: 1910 - Approximate
Block Identifier: 4321
County Number: 25
Town Number: 2508
Possession: asap

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Ownership: Fee Simple
Tax ID For Property: 2508-04321-0000-00024-0000-
Tax Amount: $11,917.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2024
Land Assessment: $66,400.00
Building Assessment: $167,500.00
Total Assessment: $233,900.00

Utilities

Equipment Available: Smoke Detector
Heat Source: Gas-Natural
Heat System: 2 Units
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: mix use

Statistics

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