This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2 -bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside (to be rented for $1600). Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is.
Listing By
Agency Name: Serhant New Jersey LLC
Agency Phone: 646-480-7665
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 1,545.42 per month $0.00 Principal & Interest $1,545.42 Property Tax $0.00 Homeowner's InsuranceSend an email with a link to
89 Market Street, Paterson, NJ 07505.
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89 Market Street | MLS# 26015448
This real estate located at 89 Market Street, Paterson, NJ 07505 is currently listed for sale with an asking price of call for price. Search Paterson real estate on www.joycerealty.com today.