Property

Paterson City, NJ 07502 81-85 Berkshire Ave

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Presented By: REAL; 201-333-4676
  • MLS# 3995236
  • 10/28/2025
  • Request Tour
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  • Full/Half Baths • 0 / 7
  • SQFT • 10,050

Home Details

Portfolio offering: 81?85 Berkshire Ave, Paterson?three adjacent mixed-use buildings sold together. The property combines one ground-floor commercial storefronts with seven apartments above (one-, two- and three-bedroom layouts), delivering diversified income in a neighborhood setting near shopping, bus lines, and major roadways. Buildings are currently occupied with staggered lease expirations, supporting near-term stability. Operations are efficient with primarily tenant-paid utilities; ownership provides cold water. Off-street parking is available via assigned spaces and on-site driveways. Attractive value-add upside exists over time through mark-to-market as leases roll, retail optimization, and potential conversion from 1 commercial unit to a residential. A compelling North Jersey infill asset for long-term hold or 1031 exchange.
Presented By: REAL; 201-333-4676

Interior Features for 81-85 Berkshire Ave

Bathrooms

Half Baths7

Other Interior Features

Price Per Sq Ft224.00
Available Sq Ft10050
Fuel TypeSee Remarks
Total Stories3

General for 81-85 Berkshire Ave

ConstructionBrick/Block
CoolingSee Remarks
CountyPassaic
DirectionsUnion Ave to Berkshire Ave
Documents AvailableIncome & Expenses, Survey
DriveOff-Street Parking
EasementUnknown
Equipment AvailableAppliances, Restrooms - Private, See Remarks
HeatingSee Remarks
Leasable Area1800
LocationResidential Area
Number Of Units Total9
OwnerPaysWater
OwnershipFee Simple
Possession0-30
Property TypeMixed Use
Property TypeMixedUse
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount31272
Tax Assessed Value204600
Tax Lot8
Tax Year2024
Tenant PaysElectric, Gas, Heat, Hot Water
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built1900
Zoningcomm

Exterior for 81-85 Berkshire Ave

Building Area Total10050
Exterior DescriptionBrick/Block
Lot Dimensions71 X 100
Lot Size Acres0.16
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $2,250,000
MLS#3995236
List Date 10/28/2025
Property Type Commercial
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