Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

231 Market St, Paterson, NJ, 07505

--beds
--baths
--sqft
$3,050,000
--price/sqft
$22,236/moest. monthly cost
$889,440/yrincome needed

About This Home

Exceptional investment opportunity in the heart of Paterson! This fully occupied mixed-use building at 231 Market Street offers immediate cash flow and long-term upside for the savvy investor. The property features nine well-maintained one-bedroom residential units, all currently rented, providing stable and consistent income. The ground floor is occupied by an established furniture retail store, adding a strong commercial component and additional revenue stream. This prime location benefits from high foot traffic, excellent visibility, and close proximity to major highways, public transportation, shopping, and dining. With 100% occupancy, this turnkey asset is ideal for investors seeking a performing property with minimal downtime. Whether you're expanding your portfolio or entering the mixed-use market, this property delivers both stability and growth potential. Offered at $3,100,000. Don't miss this rare opportunity to own a high-performing mixed-use property in a thriving urban location.

Getting Around

98
WalkingWalker's Paradise
64
TransitGood Transit
50
BikeBikeable

Schools

5/10
Paterson P-TechGrades 9-120.1 mi

Construction

Materials

  • Roof: See Remarks

Type & Style

  • Home type: Apartment
  • Property subType: Mixed Use