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122 16Th Ave

Paterson City, NJ 07501
  • $1,249,999
  • STATUS: Active
  • ON SITE: 86 Days
  • MLS #: 4034154
UPDATED: 50 min ago
$1,249,999
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,513
    SQFT
  • $356
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Attention Investors & Developers: Bring your vision to this high-upside 6-unit mixed-use property situated in a desirable RA-2 zoning redevelopment district [1.1], positioning you for potential tax advantages and massive future development potential [1.1]. The property features two commercial storefronts seamlessly combined into one spacious commercial space perfectly setup as a restaurant kitchen with extensive fridge/freezer storage alongside four residential units, including two newly renovated luxury 3-bedroom apartments, one freshly refreshed 2-bedroom apartment, and a final 2-bedroom unit. Delivered as a blank canvas value-add asset, this property is the perfect opportunity for a developer or investor looking to optimize the space from day one and build for the future.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-07T10:48:40.287.
www.movetonewjersey.com/homes/177650565
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122 16Th Ave Paterson City, NJ 07501

  • Price: $1,249,999
  • Status: Active
  • On Site: 86 Days
  • Updated: 50 min ago
  • MLS #: 4034154
0
Beds
0
Baths
0
½ Baths
0.03
Acres
3,513
SQFT
$356
$/SQFT
1925
Built
Neighborhood:
Forth Ward
County:
Passaic
Area:
Paterson City
Property Description
Attention Investors & Developers: Bring your vision to this high-upside 6-unit mixed-use property situated in a desirable RA-2 zoning redevelopment district [1.1], positioning you for potential tax advantages and massive future development potential [1.1]. The property features two commercial storefronts seamlessly combined into one spacious commercial space perfectly setup as a restaurant kitchen with extensive fridge/freezer storage alongside four residential units, including two newly renovated luxury 3-bedroom apartments, one freshly refreshed 2-bedroom apartment, and a final 2-bedroom unit. Delivered as a blank canvas value-add asset, this property is the perfect opportunity for a developer or investor looking to optimize the space from day one and build for the future.
Exterior Features

Approximate Lot Size 25X60 Construction Brick/Block Exterior Description Brick/BlockVinyl Siding Location Business DistrictCorner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling See Remarks Equipment Available Restrooms - PrivateSmoke DetectorSprinkler System Heating 4+ Units Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 0 Office Sq Ft 0

Property Features

Available See Remarks For Sale Or Lease For Sale Fuel Type Gas-Natural Owner Pays Water Permitted Use 4 RESIDENTAL 2 STORES Primary Property Type MixedUse Property Type Mixed UseStore With Apartment Sale Includes See Remarks Sewer Public Sewer Suite Number 0 Tax Amount 20481 Tax Rate Amount 5.335 Tax Rate Year 2025 Tax Year 2025 Tenant Pays ElectricGasHeat Utilities See Remarks Water Public Water Year Built Description RenovatedUnknown Zoning RA-2

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Mid-Town Direct: 848-354-3563.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-09-07T10:48:40.287.
 
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