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Mixed-Use Property With Retail Space
For Sale
$3,600,000

199 W Broadway, Paterson, NJ 07522

COMMERCIAL - Paterson, NJ

Property SizeContact for details
Days on Market201

Property Features for 199 W Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed
Parking 8
Security features Security System
Exterior features Lighting
Subdivision Dakota Park
Directions Main Street to West Broadway. Park in lot adjacent to bldg.
Standard status Active
APN 2508-00608-12

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 4590

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

in-unit washer/dryers
separate heating and cooling systems

Building Details

Floors in Building 3
Flooring type Wood, Tile
Building materials Aluminum Siding, Brick Veneer
Roof type Flat
Listing Agency: Haven Realty LLC
Listed By: Michael John DeBlasio
Added: Feb 3 Changed: Aug 4 Last Checked: Aug 23 at 4:06AM
MLS# 22603029

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 199 W Broadway in Paterson, this newly constructed mixed-use property contains 12 residential apartments and one ground-level retail space. The residential inventory includes 3 one-bedroom, one-bath units and 9 two-bedroom, two-bath units. All residential and retail spaces are currently leased.

Each apartment is equipped with separate heating and cooling systems and an in-unit washer and dryer. Private on-site parking serves the property, while the building features aluminum siding, brick veneer, tile and wood flooring, forced-air heating, central air, a flat roof, public water, and public sewer. The property also carries a 20-year tax abatement.

Key Highlights

  • 12 residential units: 3 one‑bedroom/one‑bath and 9 two‑bedroom/two‑bath apartments
  • 1 ground‑level retail space, with all residential and retail spaces currently leased
  • Separate heating and cooling systems plus in‑unit washer/dryers in every apartment

Property Analytics

Current Use

City Smoke Shop ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Nursing Home Veterinary Clinic Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Tanning Salon

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

12
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,353
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New construction combines leased apartments with a ground-floor commercial suite and private on-site parking.
Where is this mixed-use property located?
The property is located at 199 W Broadway Paterson, NJ.
What is the asking price?
The asking price for this property is $3,600,000.
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, with all residential and retail spaces currently leased; Separate heating and cooling systems plus in‑unit washer/dryers in every apartment
More about this property
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