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    Paterson, NJ
    Commercial Kitchen

    Paterson, NJ Commercial Kitchens for Sale

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    Mixed-Use Retail and Apartment Building
    Updated: Jun 12
    Mixed-Use Retail and Apartment Building

    122 16Th Ave, Paterson, NJ 07501

    $1,250,000
    3,513 sqft 0.03 AC lot
    6‑unit mixed‑use property with two commercial storefronts combined into one larger commercial space
    Commercial space set up for a restaurant kitchen with extensive fridge/freezer storage
    Includes four residential units: two newly renovated 3‑bedroom apartments, one refreshed 2‑bedroom apartment, and one additional 2‑bedroom unit
    Built in 1925 with public water and public sewer
    Roof type: shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    122 16Th Ave, Paterson City, NJ 07501-2249

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $59K
      Annual

    • Price @ 7% Cap

      $840K
      Suggested

    • Last Sold

      Jul 2025
      $1.55M
    View Property Analytics
    Mixed-Use Property with Restaurant Kitchen
    Updated: Jun 13
    Mixed-Use Property with Restaurant Kitchen

    122 16Th Ave, Paterson, NJ 07501

    $1,250,000
    3,513 sqft
    6‑unit mixed‑use property with 2 commercial storefronts combined into one spacious commercial space
    Commercial space includes restaurant kitchen buildout with extensive fridge/freezer storage
    Four residential units on‑site, including two newly renovated 3‑bedroom apartments
    Additional residential units include one refreshed 2‑bedroom apartment and one additional 2‑bedroom unit
    Year built: 1925
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Paterson, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Multi-Level Restaurant Space
    Turnkey Multi-Level Restaurant Space

    1442 3rd Avenue, New York (, Manhattan, NY 10028

    $495,000
    6,900 sqft

    Turnkey restaurant build-out with fully equipped kitchen, bar/lounge, and multiple dining levels.

    View details
    Turnkey Shanghai Restaurant
    Turnkey Shanghai Restaurant

    467 Columbus Ave, Manhattan, NY 10024

    $350,000
    3,875 sqft

    Fully equipped, operational Shanghai restaurant with ground-floor dining and basement storage, open seven days weekly.

    View details
    Fully Equipped Restaurant Bar
    Fully Equipped Restaurant Bar

    631 SCHUYLER AVE, Kearny, NJ 07032

    $169,000

    Restaurant bar with capacity for 89, including liquor license and fully equipped commercial kitchen assets.

    View details
    Industrial Flex Building with Garages
    Industrial Flex Building with Garages

    287 Laurel Ave, Kearny, NJ 07032

    Contact for pricing
    8,500 sqft

    Brick, two-story flex building includes approved food-related use, skylights, and rear fork-lift garage access.

    View details

    Paterson, NJ Commercial Kitchens Market Trends and Statistics

    Explore 2 commercial kitchens for sale in Paterson, NJ on our real estate platform. These investment opportunities span a total of 7,026 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for industrial kitchens in Paterson, NJ average $1,250,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 6
    Bars & Pubs 5
    Coffee shops 2
    Commercial kitchens 2
    Drive through restaurants 1

    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 $1.3M

    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

    Retail

    Office

    Residential Income

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    Popular Searches in Paterson, NJ

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    Most Searched ZIP Codes in Paterson, NJ

    • 07501

    Featured Paterson Real Estate Agencies

    Realmo connects you with licensed Paterson CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Coldwell Banker Susani Realty
    209 Union Ave Paterson, NJ 07502
    Phone: 19737906996
    www.coldwellbankersusani.com

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