122 16Th Ave | Paterson City

$1,250,000 | 3,513 Sq. Ft.

Attention Investors & Developers: Bring your vision to this high-upside 6-unit mixed-use property situated in a desirable RA-2 zoning redevelopment district [1.1], positioning you for potential tax advantages and massive future development potential [1.1]. The property features two commercial storefronts seamlessly combined into one spacious commercial space perfectly setup as a restaurant kitchen with extensive fridge/freezer storage alongside four residential units, including two newly renovated luxury 3-bedroom apartments, one freshly refreshed 2-bedroom apartment, and a final 2-bedroom unit. Delivered as a blank canvas value-add asset, this property is the perfect opportunity for a developer or investor looking to optimize the space from day one and build for the future. GSMLS 4034154

Directions to property: Turn right onto Market St. from Memorial Drive, then left onto 16th Ave. Carrall St. will be on your

MLS Listing ID: 
GSMLS 4034154
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Community Information
Subdivision: 
FORTH WARD
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1925
Living Area: 
3,513
Basement: 
Finished
Construction
Construction Materials: 
Brick/Block
Roof: 
Asphalt Shingle
Exterior: 
Brick/Block, Vinyl Siding
Energy Information: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
4+ Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
See Remarks
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.03
Lot Size (Dimensions): 
25X60
Waterfront: 
0
Lot Features
Driveway: 
On-Street Parking
Parking Type: 
On-Street Parking
Public Record
Parcel Number: 
2508-04319-0000-00012-0000-
Lot Number: 
12
Annual Tax: 
$20,481.00
Property Zoning: 
RA-2
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
6/12/2026
Contract Details
Details about the listing contract.
Inclusions: 
See Remarks
Possession: 
at closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KELLER WILLIAMS MID-TOWN DIRECT