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Under contract
  • Price cut: $999 (4/30)
    $999,000

    89 Market St #0, Paterson City, NJ 07505

    --beds
    5baths
    --sqft
    : 
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    Apartment
    Built in 1910
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    75 days
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    43
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan Palianto 973-461-3118,

    Serhant New Jersey Llc

    Source: GSMLS,MLS#: 4024514MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 5
      Heating
      • 4+ Units, Baseboard - Hotwater, Natural Gas
      Cooling
      • Window Unit(s)
      Features
      • Doors: Max Door Height: 0
      • Basement: Yes,Bilco-Style Door,Full,Storage Space,Unfinished
      Interior area
      • Total structure area: 4,744

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 3
      Lot
      • Size: 2,613 Square Feet
      • Dimensions: 25 x 113
      • Features: Level, Business District
      Details
      • Parcel number: 2508046050000000110000
      • Zoning description: B-4
      • Other equipment: Appliances

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Brick/Block, Wood
      • Roof: Flat,Rubber
      Condition
      • Year built: 1910

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Paterson

      Financial & listing details

      • Tax assessed value: $364,000
      • Annual tax amount: $18,545
      • Date on market: 4/30/2026
      • Inclusions: Building & Land
      • Ownership type: Fee Simple
      • Tenant pays: All Utilities
      • Electric utility on property: Yes
      Ryan Palianto

      (973) 461-3118

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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,401/mo

        Price history

        DateEventPrice
        7/9/2026Pending sale$999,000
        Source: GSMLS #4024514 Report a problem
        4/30/2026Price change$999,000-0.1%
        Source: GSMLS #4024514 Report a problem
        12/11/2025Listed for sale$999,999
        Source: GSMLS #4001289 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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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

        99 / 100
        Walker's Paradise
        63 / 100
        Good Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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