# 331 Market St, Paterson City, NJ 07501-2247

> **TL;DR:** commercial, $639,000 ($202/sqft), built 1910, 3,168 sqft.
> Basement. Est. $2,769/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $639,000 |
| Price/sqft | $202 |
| Square Feet | 3,168 |
| Year Built | 1910 |
| Lot Size | 3,049 sqft (0.07 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,769 |
| **Total** | **$2,769** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1910
- 0.07 acre lot
- 2 stories

## Description

### Agent Description
Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms rented for $1700, while the second features 4 bedrooms is currently rented for $2700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner.Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.

## Location

- **Address:** 331 Market St, Paterson City, NJ 07501-2247
- **County:** Passaic
- **Coordinates:** 40.91458, -74.16442
- **Google Maps:** https://www.google.com/maps?q=40.91458,-74.16442

## Listing Agent

- **Name:** BISHOY MEGALLA
- **Brokerage:** KELLER WILLIAMS TEAM REALTY
- **Phone:** 9732532800
- **Email:** bishoyteamrealty@gmail.com

## Primary Photo

![331 Market St - Primary Photo](http://lh.rdcpix.com/d668a45a11de332084b91b0bf1062ae3l-f1980722702r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/331-market-st-paterson-city-nj-07501-2247-4017489)*

---

**MLS#:** 4017489 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. 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/331-market-st-paterson-city-nj-07501-2247-4017489)

---

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