Listing Details

83 Broadway,Paterson City, NJ 07505-1119

  • February 8, 2026

Description

Spacious mixed-use investment opportunity located in the heart of vibrant downtown Paterson. This over 9,000 sq ft building features seven total units, including three 3-bedroom apartments, three 2-bedroom apartments, and a large street level storefront with excellent visibility and foot traffic.The property offers strong income potential, with projected rents of up to $20,000 per month. Ideal for investors seeking a high-yield asset in a growing commercial corridor, close to public transportation, shops, restaurants, and major highways.The storefront is currently vacant, presenting a prime opportunity for an owner-user to operate their own business while collecting rental income from the residential units, or for an investor to secure a substantial income producing property in a prime location.

Details

Last Updated On: February 8th, 2026 at 5:43 pm
Property ID:PT-27663309-AXZR
Offer Type:For Sale
Property Type:Mixed Use
Price: 1,598,000 $
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 25X92
Property Type: Mixed Use
Lot Identifier: 8

Home Details

Location: Business District, Residential Area
Acreage: 0.05
Sale Includes: Building Only
Renovated: 2021
Construction: Brick/Block
Exterior Description: Brick/Block
Roof Description: Flat
Number of Stories: 4
Number of Units: 7
Number of Lavatories: 7
Available SqFt: 9100
Building SqFt: 9100
Parking Desc: On-Street Parking
Easement/Desc: No
Basmnt/Desc: Yes - Full
YB/Desc: 9999 - Renovated
Block Identifier: 3709
County Number: 25
Town Number: 2508
Possession: At Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: No Documents Available
Ownership: Fee Simple
Tax ID For Property: 2508-03709-0000-00008-0000-
Tax Amount: $33,438.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2025
Land Assessment: $111,600.00
Building Assessment: $544,700.00
Total Assessment: $656,300.00

Utilities

Heat Source: Gas-Natural
Heat System: 4+ Units
Cool System: No Cool
Water: Public Water
Sewer: Public Sewer
Utilities: Gas In Street

Other

Zoning: B-4

Statistics

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