116 Belmont Ave Paterson, NJ 07522

Building Details

Year Built

1970

Listing Agency G***@gmail.com Show Phone

Listed by GUIDO BARRANTES

Source Elliman

Added: Nov 27, 2025 Checked: Jul 15 at 10:05 pm

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Investment Insights

Based on property information with market context.

This mixed-use property features a first floor space previously used as a laundromat. The space is ready for the installation of 20 washers and 20 dryers. A new central AC/heat system has been installed. The property also includes two apartments on the second and third floors. Recent improvements include a new driveway, siding, and roof. This property presents an opportunity for various business ventures.

Key Highlights

• Mixed‑use property with potential for a lucrative laundromat business (ready for 20 washers and 20 dryers).
• Two nicely kept apartments on the second and third floors.
• New central AC/heat installed.

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FAQs

What type of property is this?

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

Where is this mixed-use property located?

The property is located at 116 Belmont Ave Paterson, NJ.

What is the asking price?

The asking price for this property is $780,000.

What are key features of this property?

This property features: Mixed‑use property with potential for a **lucrative laundromat business (ready for 20 washers and 20 dryers)**.; Two nicely kept apartments on the second and third floors.; **New central AC/heat installed.**