89 Market St, Paterson City, NJ 07505
89 Market St, Paterson City, NJ 07505
89 Market St, Paterson City, NJ 07505
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$999,000
Est. payment /mo
2,613 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 4024514

Year Built 1910

Annual Tax Amount $18,545

Tax Year 2024

Lot Size 2,613 Sqft

Property Sub-Type Mixed Use

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 (to be rented for $1600). 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.

Location

State NJ

County Passaic

Zoning B-4

Rooms

Basement Bilco-Style Door, Full, Storage, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Appliances

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat, Rubberized

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by SERHANT NEW JERSEY LLC

NEARBY SCHOOLS & PROPERTIES

Niraj Parikh

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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