207 Market #203 Paterson, NJ 7505
Income-producing, mixed-use building with value-add potential in Paterson.
Type:Commercial
Property size:
13,107 SF- Added:
- Feb 17, 2026
- Days on Market:
- 62
- Last Refresh:
- Apr 5 at 8:24 pm
Property Features for 207 Market #203
General Information
- Standard status
- Active
- Size
- 13,107 SF
- Property subtype
- Commercial
Listing agent JOSUE ROMERO
Listing office KELLER WILLIAMS PARK VIEWS (201) 939-0050
Listing date Feb 17, 2026
Source Corcoran
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 KELLER WILLIAMS PARK VIEWS
Overview
Paterson Commercial Building on Market
This is a rare opportunity to acquire a stabilized, income-producing commercial building in the heart of Paterson. Positioned on highly trafficked Market Street, this 3-story masonry asset offers approximately 13,107 SF of prime downtown real estate with immediate cash flow and long-term upside. The property features a leased retail storefront on the first floor (approx. 6,500 SF) and a leased office space on the third floor (approx. 3,500 SF), delivering strong in-place income. The second floor (approx. 3,500 SF) provides clear value-add potential for repositioning or future development. The property also includes rear land behind the building, offering additional expansion or build-out potential. Located within the B-4 Central Business District zone, the property supports a variety of commercial and mixed-use uses. Based on zoning parameters and preliminary development concepts, there may be potential for residential conversion, with conceptual estimates ranging from approximately 40 to 90 units, subject to architectural design and full municipal approvals. Surrounded by redevelopment, transit access, and established commercial activity, this asset offers multiple strategies: stable hold, expansion, repositioning, or long-term redevelopment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1696
- Latitude
- 40.9162
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-producing, mixed-use building with value-add potential in Paterson.
Where is this mixed-use property located?
The property is located at 207 Market #203 Paterson, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Stabilized, income‑producing commercial building with immediate cash flow.; Prime downtown location on highly trafficked Market Street.; Value‑add potential on the second floor for repositioning or future development.
