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Commercial Sale For Sale

523 Park Avenue, Paterson, NJ 07504

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Property Description

Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. sold strictly as-is.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26026928
Price:
$799,000
Year Built:
1940's
Status:
Active
Office Name:
Realty Empire, LLC
Agent Name:
Christopher
Roof:
Asphalt
Features
Architectural Style:
Res/Com Mixed
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Paterson
Zipcode:
07504
Street:
Park
Street Number:
523
Street Suffix:
Avenue
Longitude:
W75° 51' 26''
Latitude:
N40° 54' 48.5''
Additional Information
On Market Date:
2026-07-16
Financial
Tax Annual Amount:
4972
Listing Information
List Agent Mls Id:
1007968
List Office Mls Id:
2618
Mls Status:
Active
Modification Timestamp:
2026-07-16T22:37:09Z
Originating System Name:
njmls
Status Change Timestamp:
2026-07-16
Commercial Sale For Sale
Listing ID:
26026928
$799,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com