83 Broadway, Paterson City NJ 07505-1119

B-4
Paterson City
Property Media
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Property Price
$1,598,000
Year Built
9999
Tax Annual Amount
$33438
TaxYear (*text)
2024
Roof (*text)
Flat
Lot Size Area
0.05
MLS Status
Active
MLS #
4008801

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.

Yearly Tax Rate
5.095
Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
No Cool
Heating
4+ Units
Lot Size Dimensions
25X92
Property Location

40.91899, -74.17167

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Data import from
GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762