89 Market Street, Paterson, NJ 07505
Local realty services provided by:CENTURY 21 Semiao & Associates
89 Market Street,Paterson, NJ 07505
$999,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael reddin
Office: serhant new jersey llc.
MLS#:25042999
Source:NJ_MLS
Price summary
- Price:$999,999
About this home
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. 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.
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Home facts
- Listing ID #:25042999
- Added:45 day(s) ago
- Updated:January 26, 2026 at 04:36 PM
Finances and disclosures
- Price:$999,999
- Tax amount:$18,545
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