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523 Park Avenue, Paterson, NJ, 07504
Mixed-Use Corner Building

523 Park Avenue Paterson, NJ 07504

For Sale
$879,900

Corner lot mixed-use building with street-level commercial space and multiple updated residential units.

Days on Market301

Property Features for 523 Park Avenue

General Information

Standard status
Active
Property subtype
Multi Family / 3-Three Story

Building Details

Year Built
9999
Listing Agency: COLDWELL BANKER REALTY
Listed By: MARY CONTINI · License #240891
Source: Compass
Added: Sep 27, 2025 Changed: Jul 23 Last Checked: Jul 23 at 2:39PM

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 REALTY


Investment Insights

Based on property information with market context.

This mixed-use corner building offers a combination of residential and commercial space. The residential portion consists of multiple units, each featuring five bedrooms with new kitchen updates, a living room, and updated bathrooms. The first floor includes a commercial space with street-level access suitable for an office or service-based business. Additional features include a large unfinished basement, providing extra storage or expansion potential. Interior updates are in place to help reduce ongoing maintenance needs, and two new furnaces and two new stoves are scheduled for installation.

Positioned on a busy corner lot, the property is designed for strong visibility and accessibility. Public remarks also indicate easy access to highways, transportation, shopping, and local amenities.

Overall, the building’s configuration supports flexible occupancy and streamlined building systems, with recent updates to residential interiors and major mechanical improvements planned for installation.

Key Highlights

  • Corner lot mixed‑use building with street‑level commercial space for an office or service‑based business
  • Each residential unit features 5 bedrooms with a new kitchen and updated bath
  • Large unfinished basement

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Storage Facility Catering Service Garden Center Veterinary Clinic Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Corner lot mixed-use building with street-level commercial space and multiple updated residential units.
Where is this mixed-use property located?
The property is located at 523 Park Avenue Paterson, NJ.
What is the asking price?
The asking price for this property is $879,900.
What are key features of this property?
This property features: Corner lot mixed‑use building with street‑level commercial space for an office or service‑based business; Each residential unit features 5 bedrooms with a new kitchen and updated bath; Large unfinished basement
More about this property
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