Exceptional investment opportunity in the heart of Paterson! This fully occupied mixed-use building at 231 Market Street offers immediate cash flow and long-term upside for the savvy investor. The property features nine well-maintained one-bedroom residential units, all currently rented, providing stable and consistent income. The ground floor is occupied by an established furniture retail store, adding a strong commercial component and additional revenue stream. This prime location benefits from high foot traffic, excellent visibility, and close proximity to major highways, public transportation, shopping, and dining. With 100% occupancy, this turnkey asset is ideal for investors seeking a performing property with minimal downtime. Whether you're expanding your portfolio or entering the mixed-use market, this property delivers both stability and growth potential. Offered at $3,100,000. Don't miss this rare opportunity to own a high-performing mixed-use property in a thriving urban location.
For sale
Price cut: $50K (5/5)
$3,050,000
231 Market St, Paterson, NJ 07505
--beds
--baths
--sqft
Mixed Use
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 76 days |
- 97 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Annakay Lyttle 973-851-0350,
Lyttle Dream Team Realty LLC
Source: NJMLS,MLS#: 26014240

Annakay Lyttle
(973) 851-0350
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Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2026 | Price change | $3,050,000-1.6% |
Source: | ||
| 4/23/2026 | Listed for sale | $3,100,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 4/10Norman S. Weir Elementary SchoolGrades: K-8Distance: 0.1 mi
- 5/10Paterson P-TechGrades: 9-12Distance: 0.1 mi
- New Jersey
- Passaic County
- Paterson
- 07505
- Downtown
- 231 Market St







