Property

Paterson, NJ 07513 491 21st Avenue

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Presented By: Omar Fernandez with EXP Realty, LLC - 866-201-6210
  • MLS# 25013942
  • 04/28/2025
  • Request Tour
  • Request Info

Home Details

Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia
Presented By: Omar Fernandez with EXP Realty, LLC - 866-201-6210

Interior Features for 491 21st Avenue

Other Interior Features

Heating Y/NNo

General for 491 21st Avenue

CityPaterson
CountyPASSAIC
HOANo
Lease Considered Y/NNo
ModificationTimestamp2025-04-29T17:06:07.9+00:00
Property Sub Type AdditionalOfc/Apt
Property Type5+ Mixed Use
RoofAsphalt
RoomsNone
Standard StatusActive
StatusActive - Active
Taxes$19,500
Year Built Details1940's, Build Prior to 1978

Additional Details

Price History

Jenniffer Bravo Llerena

Associate
Price $925,000
MLS#25013942
List Date 04/28/2025
Property Type Mixed Use
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