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Commercial Sale For Sale

386-390 River St, Paterson City, NJ 07524-2216

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Property Description

Annual income of approx. $138k/yr, Residential/Commercial, fully rented with great-paying tenants, very well-maintained, hassle-free property featuring a 2nd floor with 4-2 bedrooms, modern apartments built in 1990-1991 in great condition, with open layouts; (2 BEDROOMS, 1 mod-tiled bath and kitchen, LR/DR, Closets, casement windows, and more) fully rented with M2M leases. The ground floor consists of units 5 and 6 with approx. 4100 SQF combined for many possibilities (currently rented for $2,000 and $1650), and UNITS 7 and 8 on the Putnam St side currently rented for ($1,280 and $1,680), Parking lot, fenced-in, currently used by residential tenants for approx 6 cars, ALL SEPARATE utilities, including electric, heat, water, convenient location, (FULL BASEMENT, Great for storage/utility shop, etc), close to NYC bus, shopping, and major highways. a MUST SEE INVESTMENT Property.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
4047135
Price:
$1,348,000
Year Built:
1930
Lot Area:
0.07 Acre
Status:
Active
Office Name:
UNITED REAL ESTATE
Agent Name:
ROBERTO SANCHEZ
Property Sub Type:
MixedUse
Roof:
Flat, Rubberized
Features
Heating System:
4+ Units
Cooling System:
Window A/C(s)
Basement:
Full, Unfinished, Storage, Bilco-Style Door
Flooring:
See Remarks
Sewer:
Public Sewer
Utilities:
All Underground
Address Map
Country:
US
State:
NJ
County:
Passaic
City:
Paterson City
Zipcode:
07524-2216
Street:
River St
Street Number:
386-390
Longitude:
W75° 50' 15.6''
Latitude:
N40° 55' 43.1''
Directions:
River St at Putnam St
Zoning:
Mix-use
Additional Information
Lot Size Dimensions:
40X74
Water Source:
Public Water
Stories Total:
2
Number Of Units Total:
8
Lot Features:
Level Lot
Garage:
6
Building Size:
8000
Financial
Tax Annual Amount:
29342
Listing Information
List Agent Mls Id:
240679
List Office Mls Id:
4738
Mls Status:
Active
Modification Timestamp:
2026-09-03T09:03:07Z
Originating System Name:
gsmls
Commercial Sale For Sale
Listing ID:
4047135
Lot Area:
0.07 Acre
$1,348,000
Agent info
Contact Agent

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