Larry Levin, Realtor

89 Market St, Paterson, NJ 07505

$999,999
  • 89 Market St, Paterson, NJ 07505 Main Photo

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Active
SQUARE FEET4,744 MLS#4001289
STATUS PROPERTY TYPECommercial - Multiple

Property Description

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.

89 Market St | MLS# 4001289

This commercial property located at 89 Market St, Paterson, NJ 07505 is currently listed for sale with an asking price of $999,999. Search Paterson real estate on www.livelovephilly.com today.

Property Features

Property Type: Commercial - Multiple
Basement: Bilco-Style Door, Full, Storage, Unfinished
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 4+ Units, Baseboard - Hotwater
Lot Size: 0.06 Acres
Roof Type: Flat, Rubberized
Stories: 3.0
Taxes: $18,545
Year Built: 1910

Feature Descriptions

Days on Site: 111
Equipment Available: Appliances
Exterior: Brick/Block
Location: Business District
Lot: Level Lot
Lot Dimensions: 0.06 acre(s)
Max Door height: 0
Parking Spaces: 0
Sewer: Public Sewer
Units: 5
Utilities: Electric, Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: SERHANT NEW JERSEY LLC
Agency Contact: 973-461-3118

Shown By

Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark

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