517-519 Park, Paterson, NJ 07504

Listing agent ESTHER TEJADA

Listing office UNITED REAL ESTATE i***@urenj.com Show Phone

Listing date Jan 18, 2025

Source Corcoran

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

All listing content including descriptions, pricing, images are the copyrighted material of UNITED REAL ESTATE

Report an issue

---

Overview

This mixed-use, two-family building presents an investment opportunity. The property features a fully operational pizza shop on the ground floor, providing rental income. A three-bedroom apartment on the second floor is suitable for an owner-occupant or additional rental income. The property also includes a bonus unit. The building is located near major roads, public transportation, and local amenities.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Food Market Skin Care Clinic

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

Location Insight

• Map
• Local Demand

City

Paterson

County

Passaic

State

New Jersey

Longitude

-74.1614

Latitude

40.8986

Nearby Similar for Sale

• 

  $3,000,000

  9,875 SF

  Secured Industrial Truck Terminal Site

  Gated, paved yard with office space in an MU-zoned industrial property suited for fleet and storage operations.

  9 Paterson St, Paterson City, NJ 07501-1013

  View Details
• 

  $900,000

  3,600 SF

  Mixed-Use Retail With Two Businesses

  Two income-producing spaces with a bakery and laundromat; tenants cover city taxes and sewer.

  430-432 10Th Ave, Paterson City, NJ 07514-1808

  View Details
• 

  $1,950,000

  5,000 SF

  Versatile Commercial Building with Gated Lot

  5000 SF commercial building on 10,000 SF lot.

  72-78 Illinois Ave, Paterson City, NJ 07503-1724

  View Details
• 

  $775,000

  2,310 SF

  Multi-Use Storefront with Upper Vacancy

  Spacious multi-use property with an operating first-floor barber shop and a vacant second-floor space ready for new occupancy.

  320 Market St, Paterson City, NJ 07501-2246

  View Details
• 

  $879,999

  2,772 SF

  Mixed-Use Retail and Apartments

  Four-unit mixed-use building with two ground-level storefronts and two residential apartments, updated and ready for occupancy.

  615 E 22Nd St, Paterson City, NJ 07514-2842

  View Details
• 

  $1,250,000

  3,513 SF

  Mixed-Use Property with Restaurant Kitchen

  Six-unit mixed-use building combining two storefronts into one restaurant kitchen space with multiple residential apartments.

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

  View Details
• 

  $1,250,000

  3,513 SF

  Mixed-Use 6-Unit Property

  Six-unit mixed-use building combines restaurant kitchen space with four residential apartments in RA-2 zoning.

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

  View Details
• 

  $850,000

  5,000 SF

  Corner Warehouse with Drive-In Dock

  Versatile warehouse with drive-in dock, office, and new sprinkler.

  246 Paterson Ave, Paterson City, NJ 07502-1739

  View Details
• 

  $4,190,000

  40,000 SF

  Industrial Building in Paterson City

  40,000 SF industrial building with flexible occupancy options.

  41-43 Governor St, Paterson City, NJ 07501-1053

  View Details
• 

  $769,000

  3,600 SF

  Income Producing Mixed-Use Property

  Mixed-use property in high-traffic area with restaurant, barber shop, apartments.

  515-517 Park Ave, Paterson City, NJ 07504-1861

  View Details
• 

  $999,000

  4,744 SF

  Mixed-Use Building with Retail Space

  Five-unit building with retail and residential income potential.

  89 Market St, Paterson City, NJ 07505-1274

  View Details
• 

  $639,000

  3,168 SF

  Mixed-Use Property in Paterson City

  Mixed-use property with residential and commercial income potential.

  331 Market St, Paterson City, NJ 07501-2247

  View Details

FAQs

What type of property is this?

Mixed-use property - Mixed-use 2-family building with operating pizza shop and apartment.

Where is this mixed-use property located?

The property is located at 517-519 Park Paterson, NJ.

What is the asking price?

The asking price for this property is $879,000.

What are key features of this property?

This property features: Mixed‑use property with a fully operational pizza shop providing immediate rental income.; Spacious 3‑bedroom apartment suitable for owner‑occupancy or additional rental income.; Includes a bonus unit for added potential.