Essex Passaic Mixed-Use
463-465 Summer St, Paterson, NJ 07501
Two multifamily properties with 16 units and two retail spaces.
Type:Retail
- Added:
- Feb 11, 2026
- Days on Market:
- 100
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 463-465 Summer St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agent Julian Amkraut License #NJ
Listing office Hudson Atlantic Realty
Listing date Feb 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Hudson Atlantic Realty
HighLights
- Mixed‑use property: 16 residential units and 2 retail spaces for diverse income.
- Located in Paterson and Newark, NJ, offering strong transit connectivity.
- Direct train service to Manhattan from Paterson Rail Station.
- Varied unit mix (one to four bedrooms) appeals to a wide range of tenants.
- Proximity to major employers ensures consistent tenant demand.
- Operational efficiencies and opportunities for targeted capital improvements offer potential for long‑term value creation.
Overview
The Essex Passaic Neighborhood Mixed Use Residences includes two multifamily properties, offering a total of 16 residential units and two retail spaces. The residential units range from one to four bedrooms, appealing to a diverse tenant base. The retail component contributes to income diversity. The properties are located in Paterson and Newark, New Jersey, providing transit connectivity and proximity to New York City. Paterson Rail Station offers direct service to Manhattan, while Newark Penn Station and Broad Street Station connect commuters to Midtown and Lower Manhattan in under 30 minutes. Regional access is facilitated by I-80, the Garden State Parkway, and the NJ Turnpike, linking residents to Newark Liberty International Airport. Nearby cultural landmarks, expansive parks, and major employers such as Prudential Financial, PSEG, St. Joseph’s University Medical Center, and Rutgers University–Newark support tenant demand. The properties offer potential for long‑term value creation.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1634614
- Latitude
- 40.9116037
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Two multifamily properties with 16 units and two retail spaces.
Where is this mixed-use property located?
The property is located at 463-465 Summer St Paterson, NJ.
What is the asking price?
The asking price for this property is $3,550,000.
What are key features of this property?
This property features: Mixed‑use property: 16 residential units and 2 retail spaces for diverse income.; Located in Paterson and Newark, NJ, offering strong transit connectivity.; **Direct train service to Manhattan** from Paterson Rail Station.
