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89 Market Street, Paterson, NJ 07505

Paterson
Local realty services provided by:CENTURY 21 The Crossing
89 Market Street,Paterson, NJ 07505
$999,999
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael reddin
Office: serhant new jersey llc.646-480-7665
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...

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Home facts

  • Listing ID #:25042999
  • Added:202 day(s) ago
  • Updated:April 29, 2026 at 03:05 PM

Finances and disclosures

  • Price:$999,999
  • Tax amount:$18,545
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than CENTURY 21 The Crossing are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: April 29, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved. NJ_MLS Member Broker: Jason Failla

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