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Listed with Marilou Wong | 201-303-7146, Century 21 Gemini Realty, Upper Montclair
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Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market
| DAYS ON MARKET | 238 | LAST UPDATED | 10/23/2025 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | PASSAIC |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Oct 1, '25 | $725,000 |
|---|---|
| Oct 1, '25 - Oct 23, '25 | $650,000 |
| Oct 23, '25 - Today | $600,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Gas |
|---|---|
| AIR CONDITIONING | Yes |
| HEAT | Baseboard, Hot Water, Natural Gas |
| TAXES | 13598 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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