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Harshad Phadke
REALTOR®
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89 Market St, Paterson, NJ 07505

$999,999
  • 89 Market St, Paterson, NJ 07505 Main Photo

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Active
SQUARE FEET4,744 MLS#4001289
STATUS PROPERTY TYPECommercial - Multiple

Property Description

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. 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.

89 Market St | MLS# 4001289

This commercial property located at 89 Market St, Paterson, NJ 07505 is currently listed for sale with an asking price of $999,999. Search Paterson real estate on harshadphadke.realtymark.net today.

Property Features

Property Type: Commercial - Multiple
Basement: Bilco-Style Door, Full, Storage, Unfinished
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: 4+ Units, Baseboard - Hotwater
Lot Size: 0.06 Acres
Roof Type: Flat, Rubberized
Stories: 3.0
Taxes: $18,545
Year Built: 1910

Feature Descriptions

Days on Site: 119
Equipment Available: Appliances
Exterior: Brick/Block
Location: Business District
Lot: Level Lot
Lot Dimensions: 0.06 acre(s)
Max Door height: 0
Parking Spaces: 0
Sewer: Public Sewer
Units: 5
Utilities: Electric, Gas-Natural
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: SERHANT NEW JERSEY LLC
Agency Contact: 973-461-3118

Shown By

Agent Name: Harshad Phadke
Agent Phone: (347) 393-1729
Agency Title: RealtyMark

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/09/2026. The listing information on this page last changed on 04/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/09/2026 12:05:11 AM EST) or Stellar MLS (last updated Wed 04/08/2026 11:59:18 PM EST) or GSMLS (last updated Wed 04/08/2026 11:54:09 PM EST) or Emerald Coast MLS (last updated Wed 04/08/2026 11:55:28 PM EST) or Central Panhandle Association of Realtors (last updated Wed 04/08/2026 11:57:22 PM EST) or Beaches MLS (last updated Wed 04/08/2026 11:59:07 PM EST) or Naples MLS (last updated Wed 04/08/2026 11:41:06 PM EST) or Bright MLS (last updated Wed 04/08/2026 11:58:06 PM EST) or OneKey MLS (last updated Thu 04/09/2026 12:00:15 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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