NJ
Passaic
Paterson City
07505
89 Market St
89 Market St, Paterson City, NJ 07505
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
40
$999,999

Home Details for 89 Market St

Price
$999,999
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1910
Lot size acres
0.06
County
Passaic
Garage
Basement
Full, Unfinished
Days on site
1
MLS Listing#
4001289
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 1-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.

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
Listing Courtesy: SERHANT NEW JERSEY LLC - 973-315-5959
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Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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