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59 Broadway

Paterson City, NJ 07505
  • $1,398,000
  • STATUS: Active Under Contract
  • ON SITE: 137 Days
  • MLS #: 3988367
Under Contract
UPDATED: 119 min ago
$1,398,000
  • 0
    BEDS
  • 999999
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,520
    SQFT
  • $164
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:

School Ratings & Info

Description

Rare find mixed use building with 3 store fronts on street level and 3 2BRs apartments on 2nd floor. Located in the busy downtown area with bus terminal, buses, Jitney to NYC and many different directions in NJ. Only 30 mins drive to NYC via Rt.80. Total annual rent income is $180,000 with net income of $118,860 giving 8.5% return. Request for more details today.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-06T23:48:43.097.
www.trompeterrealestate.com/homes/168154543
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59 Broadway Paterson City, NJ 07505

  • Price: $1,398,000
  • Status: Active Under Contract
  • On Site: 137 Days
  • Updated: 119 min ago
  • MLS #: 3988367
0
Beds
0
Baths
0
½ Baths
999999
Acres
8,520
SQFT
$164
$/SQFT
1983
Built
Neighborhood:
Downtown
County:
Passaic
Area:
Paterson City
Property Description
Rare find mixed use building with 3 store fronts on street level and 3 2BRs apartments on 2nd floor. Located in the busy downtown area with bus terminal, buses, Jitney to NYC and many different directions in NJ. Only 30 mins drive to NYC via Rt.80. Total annual rent income is $180,000 with net income of $118,860 giving 8.5% return. Request for more details today.
Exterior Features

Approximate Lot Size 61X100 IRR. Construction Brick/Block Exterior Description Brick/Block Location Business DistrictFreestandingResidential Area Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description French DrainFullUnfinished Cooling 3 UnitsCentral AirWindow A/C(s) Equipment Available Exhaust SystemSign - BuildingSmoke Detector Floors Laminate Heating 4+ UnitsForced Hot Air Max Ceiling Height 10 Max Door Height 10 Number Of Lavatories 6 Office Sq Ft 0

Property Features

DEPStatus Unknown Expenses Include InsuranceTaxes For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 180000 Lease Type Gross Net Operating Income 118860 Owner Pays No UtilitiesSewerWater Permitted Use All type of businesses Primary Property Type Store With Apartment Property Type Mixed UseStore With Apartment Sale Includes Building & LandLease Only Sewer Public Sewer Suite Number 1-6 Tax Amount 48912 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Tenant Pays ElectricGasHeatHot WaterSewerWater Total Operating Expense 61139 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning B-4

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of C-21 CEDARCREST REALTY: 973-228-1050.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-02-06T23:48:43.097.
 
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