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For sale
  • Price cut: $50K (5/5)
    $3,050,000

    231 Market St, Paterson, NJ 07505

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    Mixed Use
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    76 days
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    97
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Annakay Lyttle 973-851-0350,

    Lyttle Dream Team Realty LLC

    Source: NJMLS,MLS#: 26014240MLS Logo

      Facts & features

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Mixed Use
      Materials
      • Roof: See Remarks

      Utilities & green energy

      • Water: Munincipal Water

      Community & HOA

      Location
      • Region: Paterson

      Financial & listing details

      • Date on market: 4/22/2026
      • Listing agreement: Exclusive Right To Sell
      Annakay Lyttle

      (973) 851-0350

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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/5/2026Price change$3,050,000-1.6%
        Source: NJMLS #26014240 Report a problem
        4/23/2026Listed for sale$3,100,000
        Source: NJMLS #26014240 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

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        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

        Getting around

        98 / 100
        Walker's Paradise
        64 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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