The median home value in Paterson, NJ is $465,000.
This is
higher than
the county median home value of $410,000.
The national median home value is $308,980.
The average price of homes sold in Paterson, NJ is $465,000.
Approximately 29% of Paterson homes are owned,
compared to 64% rented, while
8% are vacant.
Paterson real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Paterson real estate agent to arrange a tour today!
Learn more about Paterson.
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
Recently renovated office suite with 10 ft ceilings, private bathroom and 7 oversized floor to ceiling windows. The property has over 40 parking spaces, gated access and daily cleaning. Included in the rent are utilities, common area maintenance, snow removal, garbage disposal, landscaping and taxes.
17 & 19 Fair Street consists of two separate lots being sold together. 19 Fair Street consists of a three-story mixed-use building containing 4,200 square feet situated on a 25' x 56' lot. The building contains 1,400 square feet of retail space at the grade level and two additional units on the 2nd and 3rd floor which are currently vacant and in need repairs. 17 Fair Street consists of an attached one-story accessory warehouse use containing 1,904 square feet on a lot 35' x 56 lot contains approximately 600 square feet of cold storage, including a walk-in freezer (approximately 150 sq. ft.)Both Properties are being used as a grocer/market and warehouse. Located lea on corner lot with lots of potential. Easy to show. SUCCESSFUL TAX APPEAL. TAXES WILL BE REDUCED OVER 8000. SHARING REDUCTION ON BOTH PROPERTIES. Tenant is on a month to month lease
Six unit home for sale. First floor has a 1 bedroom unit and a 2 bedroom unit. Second floor has two 2 bedroom units. Third floor has a 1 bedroom unit. Parking lot is rented.
1,700 Sqft free standing commercial building in a busy riverside section of Paterson.now it's a Cafe wth all equipment included.
Attention Investors DON'T MISS THIS GREAT OPPORTUNITY in GROWING Business District in Paterson, NJ. Rare chance to own a vacant commercial building in a busy business district just steps from train station, public transportation and the courthouse in the heart of Paterson, NJ. This property was previously used as attorney offices and has potential for residential conversion " the owner previously held approvals to build 5 apartments. A perfect opportunity for developers, investors, or those looking to convert to mixed-use space. BEING SOLD IN AS-IS CONDITION. CASH BUYERS ONLY
Welcome to this fully renovated rooming house, offering a prime investment with an 8.9% cap rate. Located near Downtown Paterson, shopping, restaurants, and public transit, this 13-unit building includes both residential and commercial spaces. It features seven rooms with 2 shared bathrooms, four rooms with their own private bathrooms, a 3-bedroom apartment, and a commercial unit, providing diverse income streams. Extensive renovations in 2020 include updated plumbing, electrical, heating, and bathrooms, attracting premium tenants and minimizing future costs. A live-in superintendent makes sure the building is clean, manages daily operations, ensuring tenant satisfaction and reducing overhead. With strong rental demand and easy access to transportation, this property offers both reliable cash flow and long-term appreciation which makes it a low-maintenance, high-yield investment. Private Financing potentially available.
Welcome to this expansive 10,000+/- sqft industrial space in the heart of Paterson, offering exceptional potential for a variety of business ventures, particularly ideal for distribution operations. The versatile layout seamlessly integrates a large, open warehouse with the added convenience of upstairs office spaces. The warehouse offers ample space for storage, distribution, or manufacturing, while seven strategically placed loading docks streamline logistics and boost efficiency. The upstairs office area provides a comfortable and functional environment for administrative tasks. With its substantial square footage, robust loading dock infrastructure, and dedicated office spaces, this property is a prime opportunity for businesses looking to establish or expand their operations. Possible opportunity to redevelop to 16- 18 residential units or apply for a variance and for up to 30 units!
This building has great potential, location and opportunity. This building is a perfect investment opportunity. It currently has 22 separated rooms on the second and third floor. A restaurant on the 1st floor is a great rental. It is sold as a package with he next door building a mix-use which has a 4 bedroom apartment on the second fl and a store front. With the proper variants and permits it could be converted to a multi family
DON'T MISS THIS APPORTUNITY TO HAVE AN OFFICE IN THE MOST DESIRABLE AREA IN PATERSON, SECOND FLOOR WITH 6 ROOMS AND A RECIPTON AREA, WITH TWO PARKING SPOTS IN THE REAR OF BUILDING, CHAIRS AND TABLES ARE ALSO INCLUDED IN THE RENT, CLOSE TO SHOPPING MALLS, RESTAURANTS AND WORSHIP PLACES, SECURITY DEPOSIT REQUIRED Agent Remarks: USE SHOWING TIMES, WAIT FOR CONFIRMATION PLEASE, CALL/TEXT LA IKHLAS SALEH FOR ANY QUESTIONS (201)256-5626
Totally renovated 2023 Excellent opportunity to own a mixed- use building near the center of Paterson. First floor EL CUBETAZO BAR & KARAOKE & SPORTS sale with liquor lic second floor 2BRS combo LR kit full bath central air full unfinished basement 1/2 bath. Brand new refrigeration equipment, 2 glass door back bar coolers, 1 bottle cooler and 1 ICE machine 3-compartment sink, 1 additional sink, 2 ice bins with 7 circuit boards, 1 glass rack and 1 glasswasher machine 2 soda gun system connected to the ice bin 1 additional standing freezer (apartment)Granite countertop Brand new furniture, bar stools & tables, regular chairs & tables, and leather couches Crown molding LED lighting Recessed ceiling lighting 2 JBL speakers 10 in-ceiling speaker SONOS system 13 Samsung Smart TVs Fully wired Ethernet cabling for every Smart TV HDMI wiring for every Smart TV HDMI switch HDMI splitter 1 EPSON projector plus 120' electric screen Digital LED display for front window Hardwood floor.
Discover the perfect spot for your business at 279 Main St, Paterson, NJ! This 1,450 sq. ft. retail space, available ASAP, is located in a vibrant area with high foot traffic and excellent visibility. Ideal for retail or office use, this spacious location offers the opportunity to thrive in a bustling community. Don t wait contact us today to schedule a viewing!
Approx 3000SF retail/storefront building plus full basement. Located in highly active area near Market Street. Space features double storefront display windows for prominent visibility, high ceilings, updated electrical ampage, new roof, newer furnace.
Introducing an exceptional investment opportunity in the heart of one of Paterson's I-2 Industrial Zones. This offering includes two adjoining lots 21 - 27 Florida Ave and 198 - 208 Pennsylvania Ave, offering a total of 0.85 acres of highly versatile industrial land with great potential near Railway Avenue. The existing structure can be demolished for maximum usability of the lots and a larger scale project. Located on Pennsylvania and Florida Avenues, both lots offer excellent access to key industrial and commercial routes. The property offers multiple opportunities for development, including industrial, storage, and commercial uses. Lot 3 on Pennsylvania Ave, is Class 4A with 2024 taxes @ $27,400 (approx.) Lot 4 on Florida Ave is Class 4B with 2024 taxes @ $10,500 (approx.). Owner Financing Available!
A promising property with great potential for redevelopment in Paterson's Area 11. There are multiple avenues to explore given lot size and proximity to St. Joseph's University Medical Center. Existing buildings can be repurposed or demolished to make way for new construction. There is a newer construction medical facility on the property which has potential to serve as the expansion point for the lot. The land could accommodate various uses from Ancillary Medical Facilities, Residential, Retail or a Storage Facility. While currently classed at 4A, potential for zoning changes or variances that could allow for more intensive uses. Owner Financing Available!
Don't miss this unique opportunity to own a piece of Paterson history! Mixed use commercial / residential property on McBride Avenue! Greet your customers into the business from the covered front porch. The first floor business offers a showroom space perfect for displaying all of your wares. Behind the showroom discover an office, workshop and full bathroom complete with tub shower and sink. The second floor offers a full apartment featuring 2 bedrooms, full bathroom, living room and eat in kitchen. Access from the second floor apartment to the finished attic space, currently being utilized as a home office / workshop. The fully fenced in backyard offers ample space to enjoy outdoor grilling and your favorite backyard activities.
Two rooms one open space One bathroom. One parking space Call or text with any questions.
This exceptional property features four residential apartments and one versatile commercial unit, offering a rare investment opportunity in a highly desirable location. The residential units provide steady rental income, while the commercial space offers flexibility for a variety of business uses. Whether you're looking to expand your portfolio or make a strategic investment, this mixed-use property combines stability with growth potential. Both buildings are included in the corner. Don't miss out on this unique opportunity to own a piece of prime real estate!
Fully renovated 4,000 sq. ft. second-floor commercial space in prime downtown Paterson, adjacent to a paid public parking lot for tenant and visitor convenience. Features include a private 800 sq. ft. office, two modern restrooms, and an open-concept layout ideal for customization. Centrally located on Market St between Church St and Memorial Drive, steps from retail, dining, and major thoroughfares Property Highlights: Paid public parking lot directly adjacent hassle-free access for clients and staff Turnkey-ready with modern finishes, ample natural light, and high visibility Versatile use: Professional offices, retail (boutiques, beauty supply, smoke shops), creative studios, service-based businesses (salons, barbershops), cafes, wellness centers, or logistics services Event/entertainment use considered (subject to price rise terms and municipal approvals) Act now this rare opportunity in a high-demand area won t last. Contact for pricing, lease terms, and viewing
111 Washington is a boutique grade A office building that blends the elements of pre-war architecture with state-of-the-art design for today's distinguished Tenant. 111 Washington is located in the historic district of Paterson, New Jersey. It is the premier address for an exquisite office space in the heart of downtown Paterson. This location is conveniently located near NJ Transit, easy access parking garages and adjacent to county and city Courthouses. Two floors are completely rented by credit-worthy tenants. the first floor is also occupied aside from one unit less than 2000 sf. The entire building was gut-renovated a few years ago. There is also an additional approved two units in the sublevel for future value.
Perfect opportunity to own a commercial retail space in the heart of Paterson. New roof as of September 2018 and a newer HVAC system. Great space and centrally located near busiest 5-point intersection. Sergey Indyk is a licensed Real Estate agent.