For Sale
$949,900
597-599 River St Paterson, NJ 07524
Prime River Street location; strong cash flow.
Overview
- Added:
- Feb 13
- Days on market:
- 67
Highlights
- $949,900 asking price for a mixed-use property in a rapidly developing area.
- All-brick building with two spacious three-bedroom apartments and two commercial units.
- Apartments are in excellent condition, generating $2,000/month each in rental income.
- Commercial units generate $2,900/month in rental income ($2,000 from a grocery store and $900 from another store).
- Low property taxes enhance profitability.
Property Details for 597-599 River St
- Property type
- Retail properties, Mixed-use properties
Location Insight
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Latitude
- 40.934085
- Longitude
- -74.156126
597-599 River St, Paterson, New Jersey
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FAQs
- What type of property is this?
- Retail property - Prime River Street location; strong cash flow.
- Where is the retail property located?
- The property is located at 597-599 River St Paterson, NJ.
- What is the asking price?
- The asking price for this property is $949,900.
- What are key features of this property?
- This property features: $949,900 asking price for a mixed-use property in a rapidly developing area.; All-brick building with two spacious three-bedroom apartments and two commercial units.; Apartments are in excellent condition, generating $2,000/month each in rental income.
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