Mixed-Use Property With
New
For Lease
$1,349,000
386-390 River Street, Paterson, NJ 07524
Occupied residential and commercial building with separate utilities, a fenced parking area, and flexible ground-floor space.
Space SizeContact for details
Days on Market7
Property Features for 386-390 River Street
General Information
Standard status
Active
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$29,342
Listing Agency:
United Real Estate
(973) 216-1945
Listed By:
Roberto Sanchez · License #9333908
(973) 216-1945
Source:
Tarvinrealtors
Added: Aug 16
Changed: Aug 21
Last Checked: Aug 21 at 6:09AM
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 property combines four modern two-bedroom apartments on the second floor with ground-level commercial space. The apartments were built in 1990–1991 and include open living arrangements, one bathroom, kitchens, living and dining areas, closets, and casement windows. The residential units are leased on a month-to-month basis. Units 5 and 6 provide approximately 4,100 square feet combined, while Units 7 and 8 are located on the Putnam Street side.
The building has separate electric, heat, and water utilities for the units. A fenced parking lot currently accommodates approximately six cars for residential occupants. Additional features include a full basement suitable for storage or utility use. The property is at 386–390 River Street in Paterson, with access to NYC bus service, shopping, and major highways.
The building has separate electric, heat, and water utilities for the units. A fenced parking lot currently accommodates approximately six cars for residential occupants. Additional features include a full basement suitable for storage or utility use. The property is at 386–390 River Street in Paterson, with access to NYC bus service, shopping, and major highways.
Key Highlights
- Four second‑floor two‑bedroom apartments built in 1990–1991
- Approximately 4,100 SF combined across ground‑floor Units 5 and 6
- Ground‑floor Units 7 and 8 on the Putnam St side
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,713
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Occupied residential and commercial building with separate utilities, a fenced parking area, and flexible ground-floor space.
Where is this mixed-use property located?
The property is located at 386-390 River Street Paterson, NJ.
What is the lease rate?
The lease rate is $1,349,000.
What are key features of this property?
This property features: Four second‑floor two‑bedroom apartments built in 1990–1991; Approximately 4,100 SF combined across ground‑floor Units 5 and 6; Ground‑floor Units 7 and 8 on the Putnam St side
