Property

Paterson, NJ 07501 119 W Broadway

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Presented By: Marilou Wong with Century 21 Gemini Realty, Upper Montclair - 973-744-2700
  • MLS# 25017398
  • 05/21/2025
  • Request Tour
  • Request Info

Home Details

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
Presented By: Marilou Wong with Century 21 Gemini Realty, Upper Montclair - 973-744-2700

Interior Features for 119 W Broadway

Other Interior Features

Heating Y/NNo

General for 119 W Broadway

CityPaterson
CoolingGas
CountyPASSAIC
HOANo
HeatingBaseboard, Natural Gas, Hot Water
Lease Considered Y/NNo
ModificationTimestamp2025-05-22T21:56:35.5+00:00
OwnershipPrivate
Property SubtypeRetail
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount13598.0
UtilitiesSep Elec, Sep Gas
Waterfront FeaturesNone

Additional Details

Price History

Charles Torres

Owner
Price $725,000
MLS#25017398
List Date 05/21/2025
Property Type Commercial
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