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8-Unit Mixed-Use Property
For Lease
$2,000/Mo

384-390 River St, Paterson, NJ 07524

Four upstairs apartments sit above four ground-floor commercial bays with dedicated tenant parking.

Space Size2,000 SF
Days on Market16

Property Features for 384-390 River St

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Property subtype Commercial

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Available From Immediate

Lease Terms

Lease Rate $2,000 /USD/MO
Total Rate $2,000
Monthly Rent $2,000
Rent per SF/Year $12

Additional Details

Highway Access Yes

Building Details

Year Built 1995
Stories 2
Tenancy Multi
Listing Agency: United Real Estate
Listed By: Roberto Sanchez () · License #9333908
Source: Fortuneluxuryrealty
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 29 at 7:49PM

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 8-unit mixed-use property combines four residential apartments with four ground-floor commercial spaces. The second-floor residences are two-bedroom, one-bath units with open layouts, living rooms, kitchens, separate utilities, and gas baseboard heat. The commercial component includes four shop spaces, with existing uses including a karate and gym operation, tire service, and auto repair. One approximately 2,000-square-foot bay includes a 12-foot overhead door and was formerly used for upholstery work.

The property includes two lots at 384-390 River St, with a dedicated parking area for tenants. The site is in Paterson near shopping, NYC transportation, and major highways. The building is described as well maintained and in good condition.

Key Highlights

  • 8‑unit configuration with 4 residential apartments and 4 ground‑floor shops
  • Four second‑floor 2‑bedroom residential units with open layouts and separate utilities
  • Approximately 2,000‑square‑foot commercial bay with a 12‑foot overhead door

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant 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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,713
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four upstairs apartments sit above four ground-floor commercial bays with dedicated tenant parking.
Where is this mixed-use property located?
The property is located at 384-390 River St Paterson, NJ.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 8‑unit configuration with 4 residential apartments and 4 ground‑floor shops; Four second‑floor 2‑bedroom residential units with open layouts and separate utilities; Approximately 2,000‑square‑foot commercial bay with a 12‑foot overhead door
More about this property
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