Commercial Sale For Sale

491 21st Avenue, Paterson, Nj 07513

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Property Description

Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People’s Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 25013942
Price : $925,000
Status : Active
Office Name : EXP Realty, LLC
Agent Name : Omar
Roof : Asphalt
Features
Architectural Style : Res/Com Mixed
Address Map
Country : US
State : NJ
County : PASSAIC
City : Paterson
Zipcode : 07513
Street : 21st
Street Number : 491
Street Suffix : Avenue
Additional Information
On Market Date : 2025-04-29
Financial
Tax Annual Amount : 19500
Listing Information
List Agent Mls Id : 1017700
List Office Mls Id : 2847
Mls Status : Active
Modification Timestamp : 2025-04-29T17:06:07Z
Originating System Name : njmls
Status Change Timestamp : 2025-04-29
Commercial Sale For Sale
  • Listing ID : 25013942
$925,000
Agent info
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