The median home value in Paterson, NJ is $410,000.
This is
equal to
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 $410,000.
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.
This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding. Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.
Welcome to an expansive 10,000 +/- sqft industrial space located in the heart of Paterson, offering tremendous potential for various business ventures, particularly well-suited for distribution operations with its seven loading docks. This versatile space seamlessly combines warehouse functionality with the added convenience of dedicated office spaces upstairs. The warehouse area provides an extensive and open layout, creating an ideal environment for storage, distribution, or manufacturing activities. The strategic inclusion of seven loading docks streamlines logistics and enhances operational efficiency, facilitating the smooth flow of goods in and out of the facility. Upstairs, the property features well-appointed office spaces, providing a dedicated area for administrative and managerial functions. . Its substantial square footage, loading dock infrastructure, and integrated office spaces make it a valuable asset for enterprises looking to establish or expand their operations. Whether you're involved in distribution, manufacturing, or another industrial sector, this property provides the canvas to tailor the space to your specific business needs Explore the possibilities and seize the opportunity to elevate your business with this well-equipped and strategically located industrial space in Paterson.
Opp for investor or owner occ- 1st floor rented - 75x25 (1850 - increases income. 25x25 - 1200. 2nd for - apt. - 2000ft - extension possible with town approval, apt up to 2500ft. Potential 3rd flr to be added to 2nd to make 9 units with city approvals. With basement, the available sqft are 7,000ft. owner can close right away. Other rents are 1250 and 1850.
