Mixed-Use Building with Street-Level
For Sale
$799,000
523 Park Avenue, Paterson, NJ 07504
Residential units offer five bedrooms, new kitchens, and updated baths alongside a street-level commercial space.
Property SizeContact for details
Days on Market181
Property Features for 523 Park Avenue
General Information
Standard status
Active
Property subtype
Commercial Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
Realty Empire, LLC
(973) 510-2260
Listed By:
Christopher F. Varela · License #240891
(973) 510-2260
Source:
Betterhomerealestate
Added: Mar 3
Changed: Aug 29
Last Checked: Aug 30 at 5:37PM
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 Realty Empire, LLC
Investment Insights
Based on property information with market context.
Located at 523 Park Ave in Paterson, this mixed-use property combines residential accommodations with a first-floor commercial area that has direct access from the street. The residential units are configured with five bedrooms, new kitchens, living rooms, and updated bathrooms. A large unfinished basement provides additional building space.
The building occupies a corner lot with exposure to a busy intersection and pedestrian activity. Mixed-use zoning supports the property’s residential and commercial configuration, while the commercial portion is suited to office or service-oriented use. The property also offers access to highways, transportation, shopping, and local amenities. Two new furnaces and two new stoves are to be installed.
The building occupies a corner lot with exposure to a busy intersection and pedestrian activity. Mixed-use zoning supports the property’s residential and commercial configuration, while the commercial portion is suited to office or service-oriented use. The property also offers access to highways, transportation, shopping, and local amenities. Two new furnaces and two new stoves are to be installed.
Key Highlights
- Each residential unit includes 5 bedrooms, a new kitchen, living room, and updated bath
- First‑floor commercial space with street‑level access
- Corner‑lot position with exposure to a busy intersection and pedestrian activity
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 07504, NJ
13,413
Population
4,105
Households
3.3
Avg Household Size
36
Median Age
18%
College-Educated
85%
High-School Grad
0.8 sq mi
ZIP Area
16,766
Density / Sq Mi
$67,269
Median Household Income
$37,024
Median Earnings
$1,426
Median Rent
$369,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units offer five bedrooms, new kitchens, and updated baths alongside a street-level commercial space.
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 $799,000.
What are key features of this property?
This property features: Each residential unit includes 5 bedrooms, a new kitchen, living room, and updated bath; First‑floor commercial space with street‑level access; Corner‑lot position with exposure to a busy intersection and pedestrian activity
