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Commercial Sale For Sale

384-390 River Street, Paterson, NJ 07524

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Property Description

Great Investment Opportunity with Dedicated Parking lot, approx, PRICE ADJ. by $100,000. Approx. $140K annual income, featuring a maintenance-free property with 8 units mix-use property consisting of 4 newer 2 bedrooms 2nd floor residential units in great condition, built approx. 1995 with modern/open layouts, LR, Kitchens, 2 spacious bedrooms and bath, all separate utilities and gas baseboard heat (RENTS are under Mkt Value and currently M2M at $1200 EACH), the ground floor consists of 4 shops (Unit#1 currently for rent at $2,000 a month consisting of approx 2000SQF formerly used as an upholstery shop with overhead 12′ door), Unit#2: a Karate/Gym with office and 2nd floor room with restrooms rented at $1650, Unit#3: Tire-Shop currently $1,280, and Unit#4 Auto Repair $1680. Property is very well maintained and in good condition consisting of 2 lots (384-386 River St – Parking for tenants, and 386-390 River St ).This building is very well-maintained, in a convenient location of Paterson, close to shopping, NYC transp.and major highways.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26004333
Price:
$1,350,000
Year Built:
1940's
Status:
Active
Office Name:
United Real Estate
Agent Name:
Roberto
Roof:
Flat, O/See Rmrks
Features
Architectural Style:
Res/Com Mixed
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Paterson
Zipcode:
07524
Street:
River
Street Number:
384-390
Street Suffix:
Street
Longitude:
W75° 49' 57.1''
Latitude:
N40° 55' 27.4''
Additional Information
On Market Date:
2026-02-09
Financial
Tax Annual Amount:
29500
Listing Information
List Agent Mls Id:
1003591
List Office Mls Id:
2640
Mls Status:
Active
Modification Timestamp:
2026-06-30T02:18:43Z
Originating System Name:
njmls
Status Change Timestamp:
2026-06-29
Commercial Sale For Sale
Listing ID:
26004333
$1,350,000
Agent info
Contact Agent

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