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    94 Belmont Ave, Unit 92 Paterson, NJ 07522

    For Sale
    $839,999

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

    Source: Real

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Income Potential

    This property includes four residential apartments and one commercial unit. The residential units provide rental income, while the commercial space offers flexibility for various business uses. This mixed-use property combines stability with growth potential. Both buildings are included in the corner with the same deed.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Clothing Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1793465
    Latitude
    40.9272619

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring residential and commercial units for sale.
    Where is this mixed-use property located?
    The property is located at 94 Belmont Ave, Unit 92 Paterson, NJ.
    What is the asking price?
    The asking price for this property is $839,999.
    What are key features of this property?
    This property features: - Mixed-use property with **four residential units and one commercial unit.**; - Generates steady rental income from residential units.; - Commercial space offers flexibility for various business uses.
    (862) 213-9780
    Request Owner's contact information
    94 Belmont Ave, Unit 92 Paterson, NJ 07522
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    Paterson, NJ 07522
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    94 Belmont Ave, Unit 92 Paterson, NJ 07522
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