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Mixed-Use Property with Apartments
For Lease
$1,500,000

373-377 McBride Avenue, Paterson, NJ 07501

Two vacant two-bedroom apartments occupy the upper floor above ground-level commercial space.

Space SizeContact for details
Days on Market14

Property Features for 373-377 McBride Avenue

General Information

Standard status Active
Property subtype Retail

Additional Details

Divisible Yes

Taxes and HOA fees

Annual Taxes $14,559
Listing Agency: Weichert Realtors, Ridgewood
Listed By: Joel B. Cannon
Source: Tarvinrealtors
Added: Oct 20 Changed: Oct 31 Last Checked: Nov 1 at 1:48PM

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 Weichert Realtors, Ridgewood

Rey
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Investment Insights

Based on property information with market context.

At 373–377 McBride Avenue in Paterson, this mixed-use property combines ground-floor commercial space with two apartments on the second floor. Both apartments have two bedrooms and are vacant. The commercial space is leased through November 2029, and the owner indicates it could be divided into two units.

The property sits on a corner across from Pennington Park, in Paterson’s Stoney Road section near the Woodland Park border.

Key Highlights

  • Ground‑floor commercial space leased through 11/2029
  • Two vacant second‑floor apartments, each with two bedrooms
  • Owner indicates the commercial space may be divided into two units

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Catering Service Skin Care Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
12,218 visits/mo 0.5 miles

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two vacant two-bedroom apartments occupy the upper floor above ground-level commercial space.
Where is this mixed-use property located?
The property is located at 373-377 McBride Avenue Paterson, NJ.
What is the lease rate?
The lease rate is $1,500,000.
What are key features of this property?
This property features: Ground‑floor commercial space leased through 11/2029; Two vacant second‑floor apartments, each with two bedrooms; Owner indicates the commercial space may be divided into two units
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