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Two-Story Grocery Retail Building
For Lease
$1,061,000
Pending

139 Wayne Avenue, Paterson, NJ 07502

Walk-in refrigeration is in place, and the property is expected to be vacant at closing.

Space SizeContact for details
Days on Market204

Property Features for 139 Wayne Avenue

General Information

Standard status Pending
Property subtype Retail

Taxes and HOA fees

Annual Taxes $36,208
Listing Agency: Triumph Group Real Estate, LLC
Listed By: Mohamed Eisa · License #0232194
Source: Tkregroupinc
Added: Apr 14 Changed: Nov 3 Last Checked: Nov 1 at 3:48PM

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 Triumph Group Real Estate, LLC

Rey
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Investment Insights

Based on property information with market context.

The two-story property contains 5,050 SF on a 50' x 101' lot. It currently operates as a supermarket and includes walk-in coolers and freezers. The building is expected to be vacant at closing.

Located at 139 Wayne Avenue in Paterson, the property is in a residential trade area and the Totowa commercial corridor.

Key Highlights

  • 5,050 SF across two stories
  • 50' x 101' lot
  • Walk‑in coolers and freezers in place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Noya Bazaar Supermarket Specialty Food Shop Western Union Bank

Suggested Use

Top Pick Real Estate Agency Catering Service Pet Grooming Service Nursing Home Tanning Salon Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,302
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Dining 32% Home Improvements & Furnishings 19%
Dunkin' Donuts Dining
12,218 visits/mo 0.4 miles
7-Eleven Shops & Services
9,102 visits/mo 0.3 miles
Union 5 & 10 Inc. Home Improvements & Furnishings
7,068 visits/mo 0.1 miles
AutoZone Shops & Services
6,303 visits/mo 0.2 miles
Corner Store Shops & Services
3,123 visits/mo 0.1 miles

Demographics for 07502, NJ

16,592
Population
4,861
Households
3.4
Avg Household Size
35
Median Age
17%
College-Educated
78%
High-School Grad
0.9 sq mi
ZIP Area
18,436
Density / Sq Mi
$68,649
Median Household Income
$32,407
Median Earnings
$1,492
Median Rent
$347,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • J & S Mini Market — 94 Nagle St, Paterson, NJ 07501
  • Mama Coloma grocery & deli — 175 Mill St, Paterson, NJ 07501
  • BD Supermarket — 100 Sherwood Ave, Paterson, NJ 07502
  • SAGAL Food Market — 174 Main St, Paterson, NJ 07505
  • Tana's Food Market — 52 Cianci St, Paterson, NJ 07501

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Walk-in refrigeration is in place, and the property is expected to be vacant at closing.
Where is this grocery and convenience store located?
The property is located at 139 Wayne Avenue Paterson, NJ.
What is the lease rate?
The lease rate is $1,061,000.
What are key features of this property?
This property features: 5,050 SF across two stories; 50' x 101' lot; Walk‑in coolers and freezers in place
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