Two-Story Mixed-Use
For Lease
$425,000
179 Illinois Avenue, Paterson, NJ 07503
The vacant ground-level office space sits below a leased one-bedroom apartment.
Space SizeContact for details
Days on Market245
Property Features for 179 Illinois Avenue
General Information
Standard status
Active
Property subtype
Office
Space & Availability
Floor
1
Space Use
Office
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,688
Building Details
Stories
2
Listing Agency:
Coldwell Banker, Sparta
Listed By:
Lucille Brule
(973) 632-1480
Source:
Tarvinrealtors
Added: Feb 24
Changed: Oct 25
Last Checked: Oct 26 at 11:28PM
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 Coldwell Banker, Sparta
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story mixed-use building combines vacant office space on the ground floor with a one-bedroom apartment above. The office level has six rooms and a half bath, with a partially finished basement that includes another half bath. The apartment includes a kitchen, living room, full bath, hardwood flooring, and attic storage. Its lease runs through January 31, 2027.
The property occupies a corner lot with a fenced yard and is near schools and Route 80. The apartment tenant pays for cable and garage use; other utilities are included.
The property occupies a corner lot with a fenced yard and is near schools and Route 80. The apartment tenant pays for cable and garage use; other utilities are included.
Key Highlights
- Vacant ground‑floor office with six rooms and a half bath
- Partially finished basement with a half bath
- Upper‑level one‑bedroom apartment with hardwood floors and attic storage
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,318
Businesses Nearby
Explore this area
Business Placement
Demographics for 07503, NJ
19,893
Population
6,560
Households
3
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
13,262
Density / Sq Mi
$60,295
Median Household Income
$35,611
Median Earnings
$1,605
Median Rent
$314,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The vacant ground-level office space sits below a leased one-bedroom apartment.
Where is this mixed-use property located?
The property is located at 179 Illinois Avenue Paterson, NJ.
What is the lease rate?
The lease rate is $425,000.
What are key features of this property?
This property features: Vacant ground‑floor office with six rooms and a half bath; Partially finished basement with a half bath; Upper‑level one‑bedroom apartment with hardwood floors and attic storage
