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Mixed-Use Property with Retail Space
New
For Lease
$1,015,000

372 Main Street, Paterson, NJ 07505

All three units are occupied, with a ground-floor commercial space and two residential apartments.

Space SizeContact for details
Property Size1,400 SF
Days on Market6

Property Features for 372 Main Street

General Information

Standard status Active
Size 1,400 SF
Property subtype Retail
Occupancy 100%

Taxes and HOA fees

Annual Taxes $15,000

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker, Fort Lee
Listed By: Nisairy Romero
Source: Tarvinrealtors
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 19 at 2:36PM

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 Coldwell Banker, Fort Lee

Rey
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Investment Insights

Based on property information with market context.

At 372 Main Street in Paterson, this three-unit mixed-use property combines a ground-floor commercial space with two residential apartments. Both apartments have three bedrooms and have been renovated. The commercial unit contains approximately 1,400 sq. ft., arranged with a main retail area, two additional rooms, and one bathroom.

Key Highlights

  • Three occupied units: one commercial space and two residential apartments
  • Two renovated apartments, each with three bedrooms
  • Approximately 1,400 sq. ft. of commercial space

Property Analytics

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Current Use

Jasmine's Beauty Salon ... Nail Salon Main Nutrición Nightclub Gutierrez Money Transfer Check Cashing Mercy’s Nails & Spa Nail Salon

Suggested Use

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

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

100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,275
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - All three units are occupied, with a ground-floor commercial space and two residential apartments.
Where is this mixed-use property located?
The property is located at 372 Main Street Paterson, NJ.
What is the lease rate?
The lease rate is $1,015,000.
What are key features of this property?
This property features: Three occupied units: one commercial space and two residential apartments; Two renovated apartments, each with three bedrooms; Approximately 1,400 sq. ft. of commercial space
More about this property
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