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Mixed-Use Property with Liquor License
For Sale
$560,000
Pending

80 Montgomery St, Paterson, NJ 07501

Mixed-use property with tavern and apartment, includes liquor license.

Property Size10,000 SF
Lot Size0.06 Acres
Days on Market237

Property Features for 80 Montgomery St

General Information

Standard status Pending
Size 10,000 SF
Lot size 0.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $10,093

Amenities

Central air
1 Unit Cooling
2 Units Heating
Corner
On-Street Parking
Wall A/C Unit(s) Cooling

Building Details

Year Built 9999
Listing Agency: COLDWELL BANKER REALTY
Listed By: FRIEDA TRIEBEL
Source: Corcoran
Added: Jan 10 Changed: Aug 8 Last Checked: Jul 29 at 9:28AM

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 property is situated on a high-traffic corner along Summer Street, surrounded by businesses. The first floor features an owner-occupied tavern with a Class C liquor license. The second floor contains a spacious three-bedroom apartment. The tavern and apartment have separate utilities. The sale includes the Class C liquor license, which permits both on-premise and off-premise alcohol sales. This property offers an opportunity for a buyer to expand a business while collecting rent from the second floor apartment.

Key Highlights

  • High‑traffic corner location on Summer Street, surrounded by businesses.
  • Includes a Class C liquor license for on‑premise and off‑premise alcohol sales.
  • Mixed‑use property with owner‑occupied tavern on the first floor and a three‑bedroom apartment on the second floor.

Property Analytics

Current Use

Wrights Tavern Bar Bar & Pub

Suggested Use

Top Pick Real Estate Agency Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Veterinary 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.

Location Intelligence

Trade Area within ½ mile

2,590
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Groceries 22% Dining 22% Hotels & Casinos 2%
Golden Mango Groceries
11,388 visits/mo 0.5 miles
BP Shops & Services
7,758 visits/mo 0.4 miles
White Castle Dining
7,594 visits/mo 0.4 miles
Family Dollar Shops & Services
6,957 visits/mo 0.5 miles
Family Dollar Shops & Services
6,913 visits/mo 0.5 miles

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with tavern and apartment, includes liquor license.
Where is this mixed-use property located?
The property is located at 80 Montgomery St Paterson, NJ.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: High‑traffic corner location on Summer Street, surrounded by businesses.; Includes a Class C liquor license for on‑premise and off‑premise alcohol sales.; Mixed‑use property with **owner‑occupied tavern on the first floor and a three‑bedroom apartment on the second floor.**
More about this property
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