$999,999 - 89 Market St, Paterson City
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 0.06
- Acres
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 urban market. Property is being sold strictly as-is.
Essential Information
-
- MLS® #:
- 4001289
-
- Price:
- $999,999
-
- Acres:
- 0.06
-
- Year Built:
- 1910
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
-
- Address:
- 89 Market St
-
- City:
- Paterson City
-
- County:
- Passaic
-
- State:
- NJ
-
- Zip Code:
- 07505-1274
Amenities
-
- Utilities:
- Electric, Gas-Natural
-
- Parking:
- None
Interior
-
- Heating:
- Gas-Natural
-
- # of Stories:
- 3
Exterior
-
- Exterior:
- Brick
-
- Lot Description:
- Level Lot
-
- Roof:
- Flat, Rubberized
Additional Information
-
- Date Listed:
- December 11th, 2025
-
- Days on Market:
- 13
-
- Zoning:
- B-4
Listing Details
- Listing Office:
- Serhant New Jersey Llc