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About This Home
This 0-bedroom, 0-bathroom commercial at 89 Market St in Paterson City, NJ is listed for $999,000 ($211 per sqft). Built in 1910, the home offers 4,744 sqft of living space on a 0.06 acres lot.
This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units.
One of the 2 -bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside (to be rented for $1600). Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns.
ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is.
Key Features
- Built in 1910
- 0.06 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$5,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
89 Market St
Paterson City, NJ 07505-1274
Property Details
Construction
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 89 Market St is listed at $999,000 ($211/sqft). The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.06 acre lot, 3 stories.
This property is listed by RYAN PALIANTO and can be reached at 9086561650 or palsrealestate@gmail.com.
