NJ > Paterson City
Paterson City, NJ 07522,119 W Broadway
Paterson City, NJ 07522,119 W Broadway
Paterson City, NJ 07522,119 W Broadway
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Found It Team

Found It Team

+1(800) 790-7576
$600,000
Est. payment /mo
1,742 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3964696

Annual Tax Amount $13,598

Tax Year 2024

Lot Size 1,742 Sqft

Property Sub-Type Mixed Use

Property Description

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

Location

State NJ

County Passaic

Zoning Commercial

Rooms

Basement Bilco-Style Door, Unfinished

Interior

Heating Gas-Natural

Cooling No Cool

Flooring Tile, Vinyl-Linoleum, Wood

Equipment Kitchen Area

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas In Street

Roof Type Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Read Less Info
Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by C-21 GEMINI, LLC.

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119 W Broadway

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