$2,250,000 - 81-85 Berkshire Ave, Paterson City
- -
- Bedrooms
- -
- Baths
- 10,050
- SQ. Feet
- 0.16
- Acres
Portfolio offering: 81?85 Berkshire Ave, Paterson?three adjacent mixed-use buildings sold together. The property combines one ground-floor commercial storefronts with seven apartments above (one-, two- and three-bedroom layouts), delivering diversified income in a neighborhood setting near shopping, bus lines, and major roadways. Buildings are currently occupied with staggered lease expirations, supporting near-term stability. Operations are efficient with primarily tenant-paid utilities; ownership provides cold water. Off-street parking is available via assigned spaces and on-site driveways. Attractive value-add upside exists over time through mark-to-market as leases roll, retail optimization, and potential conversion from 1 commercial unit to a residential. A compelling North Jersey infill asset for long-term hold or 1031 exchange.
Essential Information
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- MLS® #:
- 3995236
-
- Price:
- $2,250,000
-
- Square Footage:
- 10,050
-
- Acres:
- 0.16
-
- Year Built:
- 1900
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
-
- Address:
- 81-85 Berkshire Ave
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- City:
- Paterson City
-
- County:
- Passaic
-
- State:
- NJ
-
- Zip Code:
- 07502-1812
Amenities
-
- Utilities:
- Electric, Gas-Natural
-
- Parking:
- Off-Street Parking
Interior
-
- Heating:
- See Remarks
-
- # of Stories:
- 3
Exterior
-
- Exterior:
- Brick
-
- Roof:
- Asphalt Shingle
Additional Information
-
- Date Listed:
- October 28th, 2025
-
- Days on Market:
- 56
-
- Zoning:
- comm
Listing Details
- Listing Office:
- Real