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Mixed-Use Doctor's Office Duplex
For Sale
$750,000

423 15Th Ave, Paterson, NJ 07504

First-floor doctor’s office with two apartments on the upper floors in a mixed-use building.

Property SizeContact for details
Days on Market49

Property Features for 423 15Th Ave

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $17,546

Building Details

Year Built 9999
Units 3
Listed By: MARTHA ROMAN
Source: Elliman
Added: Jul 22 Changed: Aug 23 Last Checked: Sep 7 at 9:10AM

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 MARTHA ROMAN

Investment Insights

Based on property information with market context.

This mixed-use property features a doctor’s office on the first floor and two apartments on the top floors, combining professional space with residential rental units within the same building.

The property is in a walkable area, with walkScore reported at 82 and transitScore reported at 61, along with a Bikeable bikeScore of 52.

The layout supports two distinct uses vertically, with the medical space separated from the upper-floor residential units.

Key Highlights

  • Mixed‑use building with a doctor’s office on the first floor
  • Two apartments located on the upper floors
  • Walk Score 82 (very walkable) and Transit Score 61 (good transit)

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby
Under-served
Demand for This Use

Demographics for 07504, NJ

13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • Sova Animal Hospital-Paterson 470 McLean Blvd, Paterson, NJ 07513

Frequently Asked Questions

What type of property is this?
Medical Office Space - First-floor doctor’s office with two apartments on the upper floors in a mixed-use building.
Where is this medical office space located?
The property is located at 423 15Th Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Mixed‑use building with a doctor’s office on the first floor; Two apartments located on the upper floors; Walk Score 82 (very walkable) and Transit Score 61 (good transit)
More about this property
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