BEDS0
BATHS
MLS#25042999
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2 -bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside. Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is.
Property Features
Property Type: Multi Unit - Multiple
Roof Type: Flat
Taxes: $18,545
Feature Descriptions
Days on Site: 128
Owner Pays: Common Area, Water, Taxes
Property Utilities: Gas, Munincipal WATER, Sewer
Listed By / Shown By
Listing By
Agency Name: Serhant New Jersey LLC
Agency Phone: 646-480-7665
Shown By
Agent Name: Kevin Joyce, Lic. RE Broker, Owner
Agent Phone: Cell: (914) 393-0100
Agency Title: Joyce Realty
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Estimated Payment
$ 4,062.65 per month $2,225.57 Principal & Interest $1,545.42 Property Tax $291.67 Homeowner's InsuranceChange Payment Information
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Source: New Jersey Multiple Listing Service, Inc.
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89 Market Street | MLS# 25042999
This multi-family property located at 89 Market Street, Paterson, NJ 07505 is currently listed for sale with an asking price of $999,999. Search Paterson real estate on kjoyce.joycerealty.com today.