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    32 Cianci St Paterson, NJ 07501

    For Sale
    $1,375,000

    Two buildings with residential and commercial units in downtown Paterson.

    Building Details

    Year built
    1930

    Source: CASA REAL PROPERTY GROUP LLC Agent NANCY PAVIC

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

    Overview

    Downtown Paterson Mixed-Use Investment Property

    This property features two buildings offered as a single investment opportunity. The first building includes two residential apartments and three storefronts. The second building, situated at the rear of the property, contains six apartments. All residential units and commercial spaces are fully rented. Each apartment in the second building has separate gas utilities. The first building's units also have separate utilities. Located in downtown Paterson, the property is close to major transportation routes, presenting a strong investment opportunity.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1756529
    Latitude
    40.9166321

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    FAQs

    What type of property is this?
    Apartment building - Two buildings with residential and commercial units in downtown Paterson.
    Where is this apartment building located?
    The property is located at 32 Cianci St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $1,375,000.
    What are key features of this property?
    This property features: - Strong investment opportunity with fully rented residential and commercial units.; - Two buildings included for the price of one.; - Building #1: Two residential apartments and three storefronts, all with separate utilities.
    (973) 684-1110
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    32 Cianci St Paterson, NJ 07501
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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
    32 Cianci St Paterson, NJ 07501
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