Mixed-Use Income Property with
37-41 Mill St Paterson, NJ 07505
37-41 Mill St, Paterson, NJ, 07505
Contact for pricing
For Sale
Contact for pricing
Pending
Two-building mixed-use property includes a rented daycare and multiple apartments with separate utilities.
Days on Market102
Property Features for 37-41 Mill St
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
United Real Estate
(888) 501-6953
Listed by
Roberto Sanchez · License #NJ 9333908
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 6:54PM Checked: Jul 20 at 6:54PM
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 United Real Estate
Investment Insights
Based on property information with market context.
This mixed-use income property includes two buildings located at 37-39 and 41 Mill St, plus a lot at 7 Elm St that is used by the day care. The day care facility occupies 37-41 Mill St and is currently rented. Residential units include 3-bedroom, 1.5-bath space and additional apartments on 41 Mill St with 2-bedroom configurations.
The property is set up with separate utilities. Tenants pay water/heat/electric, while the owner pays sewer except for the day care, which pays its own sewer. Per the seller, all residential rentals are month-to-month except the day care. The sale includes a pro-forma income and expense statement (per seller).
The property is set up with separate utilities. Tenants pay water/heat/electric, while the owner pays sewer except for the day care, which pays its own sewer. Per the seller, all residential rentals are month-to-month except the day care. The sale includes a pro-forma income and expense statement (per seller).
Key Highlights
- Mixed‑use, 2‑building property in Paterson, NJ: 37–39 Mill St and 41 Mill St, plus lot at 7 Elm St used by the daycare
- Day care facility on 37–41 Mill St currently rented for $5,750
- Apartment units include a 3BR 1.5BA rented for $1,360, plus 41 Mill St units rented at $1,110, $1,500, and $1,050
Property Analytics
Location Intelligence
Current Use by Public Records
Day care centers
Similar For Sale Nearby
Similar Off Market Nearby
- Hogar Infantil Child Dev Center — 560-566 Main St, Paterson, NJ 07503
- A Child's Worlds Daycare — 433 Main St, Paterson, NJ 07501
- lcc — 1 Market St, Paterson, NJ 07501
- Dileisy Playground — 45 Paterson Ave, Paterson, NJ 07522
- The Lewis Chatman Academy — 1 Market St, Paterson, NJ 07501
FAQs
What type of property is this?
Day care center - Two-building mixed-use property includes a rented daycare and multiple apartments with separate utilities.
Where is this day care center located?
The property is located at 37-41 Mill St Paterson, NJ.
What are key features of this property?
This property features: Mixed‑use, 2‑building property in Paterson, NJ: 37–39 Mill St and 41 Mill St, plus lot at 7 Elm St used by the daycare; Day care facility on 37–41 Mill St currently rented for $5,750; Apartment units include a 3BR 1.5BA rented for $1,360, plus 41 Mill St units rented at $1,110, $1,500, and $1,050
