Fully Occupied Mixed-Use
For Sale
$3,050,000
231 Market Street, Paterson, NJ 07505
Nine one-bedroom residential units accompany a ground-floor furniture retail store.
Property SizeContact for details
Days on Market113
Property Features for 231 Market Street
General Information
Standard status
Active
Property subtype
MULTI_FAMILY
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
9 x 1BR
Multifamily Units
9
Additional Details
Asking Price
$3,100,000
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Lyttle Dream Team Realty LLC
(973) 851-0350
Listed By:
Annakay S. Lyttle
(973) 851-0350
Source:
Tarvinrealtors
Added: Apr 22
Changed: Jul 31
Last Checked: Aug 12 at 3:22PM
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 Lyttle Dream Team Realty LLC
Investment Insights
Based on property information with market context.
Located at 231 Market Street, this mixed-use building combines nine one-bedroom residential units with a ground-floor furniture retail store. All nine residential units are currently rented, and the property is reported at 100% occupancy. The retail component is occupied by an established furniture store, providing a distinct commercial use within the building.
The property is in Paterson and is described as being close to major highways, public transportation, shopping, and dining. Its configuration brings residential and ground-floor retail uses together in an urban setting, with both components already occupied.
The property is in Paterson and is described as being close to major highways, public transportation, shopping, and dining. Its configuration brings residential and ground-floor retail uses together in an urban setting, with both components already occupied.
Key Highlights
- Nine one‑bedroom residential units
- 100% occupancy with all residential units currently rented
- Ground‑floor furniture retail store
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,442
Businesses Nearby
Explore this area
Business Placement
Demographics for 07505, NJ
3,215
Population
1,692
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
71%
High-School Grad
0.2 sq mi
ZIP Area
16,075
Density / Sq Mi
$33,311
Median Household Income
$33,520
Median Earnings
$1,113
Median Rent
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Nine one-bedroom residential units accompany a ground-floor furniture retail store.
Where is this mixed-use property located?
The property is located at 231 Market Street Paterson, NJ.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: Nine one‑bedroom residential units; 100% occupancy with all residential units currently rented; Ground‑floor furniture retail store
