# 199 W Broadway, Paterson, NJ 07522

> **TL;DR:** commercial, $4,250,000.
> A/C. Est. $18,417/mo. Listed 118 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,250,000 |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 118 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $18,417 |
| **Total** | **$18,417** |

## Key Amenities

- A/C

## Property Highlights

- 3 stories
- 8 parking spaces

## Description

### Agent Description
Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.

## Location

- **Address:** 199 W Broadway, Paterson, NJ 07522
- **County:** Passaic
- **Neighborhood:** Dakota Park
- **Coordinates:** 40.923174, -74.179991
- **Google Maps:** https://www.google.com/maps?q=40.923174,-74.179991

## Listing Agent

- **Name:** Michael John DeBlasio
- **Brokerage:** Haven Realty LLC
- **Phone:** 7322288911
- **Email:** mike@havenrealtypartners.com

## Primary Photo

![199 W Broadway - Primary Photo](http://lh.rdcpix.com/64a79aa8f2a739ae6f7085469c5c01e0l-f2612213470r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/199-w-broadway-paterson-nj-07522-22603029)*

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**MLS#:** 22603029 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/199-w-broadway-paterson-nj-07522-22603029)

---

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