116 Belmont Ave, Paterson, NJ 07522

Building Details

Year Built

1970

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

Listing date Mar 11, 2026

Source Elliman

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Overview

This mixed-use property features a commercial space on the first floor, 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. Due to the first-floor vacancy, the seller is accepting cash or conventional offers with a 30% down payment.

Suggested Use

Real Estate Agency Nursing Home Nursing Home Garden Center Catering Service Coworking & Hybrid Office Car Rental Facility (Bike/Boat/Book/etc) Store Tanning Salon Veterinary 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

-74.1801

Latitude

40.9279

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FAQs

What type of property is this?

Mixed-use property - Mixed-use property featuring a commercial space and two apartments.

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 on the first floor (ready for 20 washers and 20 dryers).; Includes two well‑maintained apartments on the second and third floors.; New central AC/Heat installed.