119 W Broadway | Paterson City

$725,000 | 4 Baths (4 Half) | 0.0 Sq. Ft.

Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market GSMLS 3964696

Directions to property: NJ 19 to Cianci to W Broadway

MLS Listing ID: 
GSMLS 3964696
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
9999
Living Area: 
0.0
Basement: 
Bilco-Style Door, Unfinished
Construction
Construction Materials: 
Brick/Block
Roof: 
Flat
Exterior: 
Vinyl Siding
Energy Information: 
Gas In Street
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
4
Total Half-Bathrooms: 
4
Utilities
Information about utilities available on the property.
Heating System: 
2 Units, Baseboard - Hotwater
Heating System Fuel: 
Gas-Natural
Cooling System: 
No Cool
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.04
Lot Size (Dimensions): 
23X74
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Total Parking Spaces: 
0
Public Record
Parcel Number: 
2508-00605-0000-00008-0000-
Lot Number: 
8
Annual Tax: 
$13,598.00
Property Zoning: 
Commercial
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
5/22/2025
Contract Details
Details about the listing contract.
Inclusions: 
Sewer, Taxes, Water
Possession: 
0-30
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
C-21 GEMINI, LLC.