Mixed-Use Property with
For Sale
Contact for pricing
309 Park Ave, Paterson, NJ 07504
Combined residential and commercial occupancy supports a diversified property profile near public transportation and regional road connections.
Property SizeContact for details
Days on Market143
Property Features for 309 Park Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
14
Building Details
Buildings
1
Listing Agency:
Providence Real Estate Advisors
Listed By:
Daniel Aviles · License #NJ 1431064
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:43PM
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 Providence Real Estate Advisors
Investment Insights
Based on property information with market context.
This mixed-use building contains 14 apartment units positioned above 3 commercial units, combining residential and commercial occupancy within one property. The configuration provides separate apartment and commercial components for an urban income-producing asset.
Broadway is located one block away on foot, with public transportation offering access to NYC in 20 minutes and an express connection to midtown Manhattan in 45 minutes. Regional access includes the Garden State Parkway, I-80, Route 46, and Route 3. The property is 15 miles from Manhattan and offers access to Newark, JFK, and La Guardia Airports, as well as the American Dream Mall. Nearby employers identified in the property information include Sealed Air Corporation, M&T Bank, United Retail Group, Saint Joseph Hospital, and William Paterson University.
Broadway is located one block away on foot, with public transportation offering access to NYC in 20 minutes and an express connection to midtown Manhattan in 45 minutes. Regional access includes the Garden State Parkway, I-80, Route 46, and Route 3. The property is 15 miles from Manhattan and offers access to Newark, JFK, and La Guardia Airports, as well as the American Dream Mall. Nearby employers identified in the property information include Sealed Air Corporation, M&T Bank, United Retail Group, Saint Joseph Hospital, and William Paterson University.
Key Highlights
- 14 apartment units over 3 commercial units
- Broadway is one block away, with public transportation access to NYC in 20 minutes
- Express transit service reaches midtown Manhattan in 45 minutes
Property Analytics
Current Use
Lease Details
14
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,180
Businesses Nearby
Explore this area
Business Placement
Demographics for 07504, NJ
13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
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 - Combined residential and commercial occupancy supports a diversified property profile near public transportation and regional road connections.
Where is this mixed-use property located?
The property is located at 309 Park Ave Paterson, NJ.
What are key features of this property?
This property features: 14 apartment units over 3 commercial units; Broadway is one block away, with public transportation access to NYC in 20 minutes; Express transit service reaches midtown Manhattan in 45 minutes
