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Paterson, NJ Apartment Buildings for Sale

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5-Unit Apartment Building
Updated: Jul 27
5-Unit Apartment Building

282 Ellison St, Paterson, NJ 07501

$750,000
0.06 AC lot
5 residential units, each with 1 bedroom and 1 bathroom
0.06‑acre lot in Paterson City, NJ
Public water and public sewer service
Hot water and baseboard heating
Shingle roof and basement
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Five-Unit Apartment Building
Updated: May 28
Five-Unit Apartment Building

84-88 Jefferson Street, Paterson, NJ 07522

$999,999
Five units: two 2‑bedroom, 1‑bath; two 3‑bedroom, 1‑bath; and one 4‑bedroom, 2‑bath
Two‑building configuration with renovations completed six years ago and last year
Central air in the two‑bedroom building and the renovated first‑floor 3‑bedroom unit
Coin‑operated laundry available for residents
Additional parking lot on the property
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Mixed-Use Property With Retail Space
Mixed-Use Property With Retail Space

199 W Broadway, Paterson, NJ 07522

$3,600,000

New construction combines leased apartments with a ground-floor commercial suite and private on-site parking.

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See what stands out in Passaic County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

511 E 28Th St, Paterson, NJ 07514

$1,185,000
5,576 sqft

Brick multifamily property with varied unit layouts, separate utilities, basement storage, and on-site parking.

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5-Unit Apartment Building
5-Unit Apartment Building

282 Ellison St, Paterson, NJ 07501

$750,000
2,529 sqft

Five consistent one-bedroom residences, each with one bathroom, form the property’s multifamily configuration.

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Modern Multifamily Investment Opportunity
Modern Multifamily Investment Opportunity

84 Auburn St, Paterson, NJ 07501

$1,300,000
5,000 sqft 0.12 AC lot

2020-built, 6-unit multifamily property fully leased at market rents.

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Income Producing Corner Property
Income Producing Corner Property

62 Lafayette St, Paterson, NJ 07501

$1,435,000
999 sqft 0.11 AC lot

Seven-unit, renovated apartment building with on-site parking and upside potential.

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Updated Mixed-Use Building in Paterson
Updated Mixed-Use Building in Paterson

153 Ellison St 155, Paterson, NJ 07505

$1,700,000
5,300 sqft

Nine-unit building with residential and commercial spaces in downtown Paterson.

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Commercial
Commercial

276 Ellison St, Paterson, NJ 07501

$1,248,800
3,945 sqft 0.06 AC lot

Apartment buildings · 3,945 SF

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12-Unit Apartment Building
12-Unit Apartment Building

164 Atlantic Street, Paterson, NJ 07503

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9,000 sqft

Fully occupied apartment property with a 30-year tax abatement in Paterson, New Jersey.

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Six-Unit Multifamily Building
Six-Unit Multifamily Building

50 North 4th Street, Paterson, NJ 07522

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7,200 sqft

Fully occupied property with an on-site superintendent and a 30-year tax abatement.

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85-Building Apartment Portfolio
85-Building Apartment Portfolio

141 Governor St, Paterson, NJ 07501

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500,000 sqft

Multifamily and mixed-use properties form a coordinated portfolio with strong in-place occupancy and institutional-scale operations.

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Mixed-Use Property with Apartment Units
Mixed-Use Property with Apartment Units

116 Belmont Ave, Paterson, NJ 07522

$785,000
0.10 AC lot

Mixed-use property featuring retail space and two apartment units.

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16-Unit Apartment Building in Paterson
16-Unit Apartment Building in Paterson

413 10Th Ave, Paterson, NJ 07514

$3,450,000
13,000 sqft

16-unit apartment building in Paterson, NJ with strong cash flow potential.

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Mixed-Use Mill Redevelopment Building
Mixed-Use Mill Redevelopment Building

466-480 Totowa Ave, Paterson, NJ 07522

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90,000 sqft

Existing mill building on a 200-by-215 lot with approved plans for a 127-unit mixed-use redevelopment.

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Brick Multifamily Building
Brick Multifamily Building

328 Dakota St, Paterson, NJ 07503

$1,500,000

Six-unit brick residential building with separate utilities and on-site storage and garage parking.

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Fully Occupied Mixed-Use Building
Fully Occupied Mixed-Use Building

231 Market Street, Paterson, NJ 07505

$3,050,000

Nine one-bedroom residential units accompany a ground-floor furniture retail store.

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Newer 7-Unit Apartment Building
Newer 7-Unit Apartment Building

474 10Th Ave, Paterson, NJ 07514

$2,000,000

Constructed in 2022, this fully occupied seven-unit building offers in-unit laundry and gated on-site parking.

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Mixed-Use Building with Retail Space
Mixed-Use Building with Retail Space

199 W BROADWAY Unit 0, Paterson, NJ 07522

$3,600,000

Newly constructed, fully leased property combines residential apartments, ground-level retail, and private on-site parking.

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Updated Apartment Building
Updated Apartment Building

363 Summer St, Paterson, NJ 07501

$749,999

Eight bedrooms, five updated bathrooms, separate utilities, and a fenced front yard support varied residential configurations.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

94 Belmont #92, Paterson, NJ 07522

$839,999

Mixed-use property featuring residential and commercial units for sale.

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Essex Passaic Mixed-Use Residences
Essex Passaic Mixed-Use Residences

463-465 Summer St, Paterson, NJ 07501

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Two multifamily properties with 16 units and two retail spaces.

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8-Unit Apartment Building
8-Unit Apartment Building

79 N. 4th St, Paterson, NJ 07522

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Updated multifamily property with individually metered gas service and four garages that provide additional rental space.

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Mixed-Use Building with Storefront
Mixed-Use Building with Storefront

288-290 20th Ave., Paterson, NJ 07501

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Residential apartments are paired with a storefront and rear parking.

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Paterson, NJ Apartment Buildings Market Trends and Statistics

Explore 54 apartment buildings for sale in Paterson, NJ, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 642,549 square feet of properties for sale, with an estimated market value of $28,943,797.

Sale prices for two-family homes in Paterson, NJ start at $749,999, averaging $1,702,576, and reaching up to $3,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 192K
Population Growth (5Y) +13.2%
Median Household Income $63,084
College Educated 12.9%

High-Yield Neighborhoods for Investment

Identify Paterson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07501 $1M
07503 $1.5M
07522 $2.1M
07514 $2.2M
07505 $2.4M

Taxes & Financing

Tax Rate (average for all types) 4.81%
Property Tax per SF $10.90 per SF
Tax Rate vs County Average 0.45 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Passaic County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Passaic County

Residential Income

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