Mixed-Use Building with Retail
For Sale
$4,250,000
199 W BROADWAY Unit 0, Paterson, NJ 07522
Newly constructed, fully leased property combines residential apartments, ground-level retail, and private on-site parking.
Property SizeContact for details
Days on Market228
Property Features for 199 W BROADWAY Unit 0
General Information
Standard status
Active
Property subtype
General Commercial
Occupancy
100%
Units
Unit Mix
3 x 1BR/1BA, 9 x 2BR/2BA
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$4,590
Amenities
separate heating and cooling systems
in-unit washer/dryers
private on-site parking
Central Air
3
Flat, Rubber
Redevelopment
Parking.
Lot.
50X100, 50X100
Central Business District.
Building Details
Year Built
2022
Buildings
1
Tenancy
Multi
Listing Agency:
HAVEN REALTY
(732) 228-8911
Listed By:
MARIA BREVIG · License #264861
Source:
Xome
Added: Jan 15
Changed: Aug 30
Last Checked: Aug 30 at 9:36PM
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 HAVEN REALTY
Investment Insights
Based on property information with market context.
Built in 2022, this mixed-use property includes 12 residential apartments and one ground-level retail space. The residential component consists of three one-bedroom, one-bath units and nine two-bedroom, two-bath units. Each apartment has separate heating and cooling systems plus an in-unit washer and dryer. The property also includes private on-site parking and central air.
All residential and retail spaces are currently leased. The building is located at 199 W Broadway in Paterson’s Central Business District and benefits from a 20-year tax abatement. Additional physical features include a flat rubber roof and a 50X100 lot configuration.
All residential and retail spaces are currently leased. The building is located at 199 W Broadway in Paterson’s Central Business District and benefits from a 20-year tax abatement. Additional physical features include a flat rubber roof and a 50X100 lot configuration.
Key Highlights
- 12 residential units: 3 one‑bedroom/one‑bath and 9 two‑bedroom/two‑bath apartments
- 1 ground‑level retail space, currently leased
- Separate heating and cooling systems in each apartment
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,566
Businesses Nearby
Explore this area
Business Placement
Demographics for 07522, NJ
23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly constructed, fully leased property combines residential apartments, ground-level retail, and private on-site parking.
Where is this mixed-use property located?
The property is located at 199 W BROADWAY Unit 0 Paterson, NJ.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 12 residential units: 3 one‑bedroom/one‑bath and 9 two‑bedroom/two‑bath apartments; 1 ground‑level retail space, currently leased; Separate heating and cooling systems in each apartment
