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Corner Mixed-Use Tavern and Apartment
For Sale
$560,000

80 MONTGOMERY ST, Paterson, NJ 07501

High-traffic corner mixed-use property with a first-floor tavern and a separate-utilities three-bedroom apartment upstairs.

Property Size10,000 SF
Price / SF$56
Days on Market316

Property Features for 80 MONTGOMERY ST

General Information

Standard status Active
Size 10,000 SF
Property subtype General Commercial

Additional Details

Business Included Yes
Liquor License Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $10,093

Amenities

Fire Alarm
3
R-2
Parking. Corner Lot.
On Street.
25X100, 25X100
Storage Area, Freestanding. Corner.

Building Details

Stories 2
Listing Agency: COLDWELL BANKER REALTY
Listed By: FRIEDA TRIEBEL
Source: Xome
Added: Sep 28, 2025 Changed: Aug 8 Last Checked: Aug 9 at 5:22AM

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 features a first-floor owner-occupied tavern and a separate upstairs three-bedroom apartment. The tavern is supported by its own utility setup, while the apartment also has separate utilities, providing independent use of both levels.

The property is positioned on a high-traffic corner along Summer Street and is surrounded by area businesses. The sale includes a Class C liquor license, permitting both on-premise and off-premise alcohol sales.

With two distinct spaces under one roof, the building offers an owner the ability to operate the tavern while collecting rent from the second-floor apartment.

Key Highlights

  • High‑traffic corner mixed‑use property on Summer Street, surrounded by businesses
  • First floor: owner‑occupied tavern with Class C liquor license included (permits on‑premise and off‑premise alcohol sales)
  • Second floor: spacious three‑bedroom apartment with separate utilities from the tavern

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.

Lease Details

1
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

2,736
Businesses Nearby
75k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 29% Groceries 15%
Wendy's Dining
26,654 visits/mo 0.4 miles
Golden Mango Groceries
11,388 visits/mo 0.4 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 0.4 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Licor 105 Park Ave, Paterson, NJ 07501
  • Seguidilla 56 227 Park Ave, Paterson, NJ 07501
  • La Fuente Bar 43 Ellison St # A, Paterson, NJ 07501
  • Moonlight Lounge 98 Market St, Paterson, NJ 07505
  • Mo's Discount Liquor 15 park ave, paterson, nj 07501

Frequently Asked Questions

What type of property is this?
Bar & Pub - High-traffic corner mixed-use property with a first-floor tavern and a separate-utilities three-bedroom apartment upstairs.
Where is this bar & pub 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 mixed‑use property on Summer Street, surrounded by businesses; First floor: owner‑occupied tavern with Class C liquor license included (permits on‑premise and off‑premise alcohol sales); Second floor: spacious three‑bedroom apartment with separate utilities from the tavern
More about this property
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