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203 Market St

Paterson City, NJ 07505
  • $1,300,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 4042466
UPDATED: 115 min ago
$1,300,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,107
    SQFT
  • $99
    $/SQFT
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Rare mixed-use investment and owner-user opportunity located along Market Street, one of Paterson's primary commercial corridors. The property consists of an approximately 13,107-square-foot, three-story commercial building situated on a 6,095-square-foot lot within the B-4 zoning district.The building features an occupied approximately 5,100-square-foot ground-floor furniture store and two upper-level office floors measuring approximately 3,500 square feet each. In addition to the stated building area, the property includes approximately 5,100 square feet of below-grade storage space, which is not included in the reported 13,107-square-foot building size.The property offers flexible floor layouts, interior column spacing, abundant windows, strong natural light and ceiling heights of approximately 12 to 13 feet. Additional features include approximately seven to eight rear parking spaces, a roof reported to be in good condition and prominent frontage along a highly visible downtown commercial corridor.The combination of existing retail income, available upper-level space and substantial below-grade storage makes the property well suited for an investor, owner-user or business seeking a flexible commercial asset in the heart of Paterson.

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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 2026-09-07T23:48:39.373.
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203 Market St Paterson City, NJ 07505

  • Price: $1,300,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 115 min ago
  • MLS #: 4042466
0
Beds
0
Baths
0
½ Baths
0.14
Acres
13,107
SQFT
$99
$/SQFT
1900
Built
County:
Passaic
Area:
Paterson City
Property Description
Rare mixed-use investment and owner-user opportunity located along Market Street, one of Paterson's primary commercial corridors. The property consists of an approximately 13,107-square-foot, three-story commercial building situated on a 6,095-square-foot lot within the B-4 zoning district.The building features an occupied approximately 5,100-square-foot ground-floor furniture store and two upper-level office floors measuring approximately 3,500 square feet each. In addition to the stated building area, the property includes approximately 5,100 square feet of below-grade storage space, which is not included in the reported 13,107-square-foot building size.The property offers flexible floor layouts, interior column spacing, abundant windows, strong natural light and ceiling heights of approximately 12 to 13 feet. Additional features include approximately seven to eight rear parking spaces, a roof reported to be in good condition and prominent frontage along a highly visible downtown commercial corridor.The combination of existing retail income, available upper-level space and substantial below-grade storage makes the property well suited for an investor, owner-user or business seeking a flexible commercial asset in the heart of Paterson.
Exterior Features

Approximate Lot Size 53X115 Construction Formed ConcreteSee Remarks Exterior Description Concrete Location Highway LocationSee Remarks Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 2 Car WidthDriveway-SharedOn-Street ParkingSee Remarks Roof Description Flat

Interior Features

Basement Yes Basement Description Finished Cooling 3 UnitsSee RemarksWindow A/C(s) Equipment Available FixturesRestrooms - PrivateSee RemarksSign - BuildingSprinkler SystemStorage Area(s) Floors Wood Heating 3 UnitsBaseboard - Electric Max Ceiling Height 13 Max Door Height 12 Number Of Lavatories 0 Office Sq Ft 300

Property Features

Available Immediately Building Number 1 Expenses Include Maintenance - InteriorTaxes For Sale Or Lease For Sale Free Rent See Remarks Fuel Type Gas-Natural Gross Operating Income 207700 Lease Includes Building InsuranceCommon Area MaintElectricGasSewerWater Lease Type Gross Net Operating Income 122978 Owner Pays No UtilitiesSnow Removal Permitted Use COMM Primary Property Type OffcRetl Prior Use COMM Property Type Mixed UseOffice/RetailSee Remarks Sale Includes Building & Land Sewer Public Sewer Suite Number 3 Tax Amount 59917 Tax Rate Amount 5.335 Tax Rate Year 2026 Tax Year 2025 Total Operating Expense 84722 Utilities ElectricGas-NaturalSee Remarks Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning B-4 CBD

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 516-271-8420.


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 2026-09-07T23:48:39.373.
 
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Manalapan NJ, 08527