973.595.1500
122 16Th Ave Paterson City 07501-2249
$1250000

Details

Attention Investors & Developers: Bring your vision to this high-upside 6-unit mixed-use property situated in a desirable RA-2 zoning redevelopment district [1.1], positioning you for potential tax advantages and massive future development potential [1.1]. The property features two commercial storefronts seamlessly combined into one spacious commercial space perfectly setup as a restaurant kitchen with extensive fridge/freezer storage alongside four residential units, including two newly renovated luxury 3-bedroom apartments, one freshly refreshed 2-bedroom apartment, and a final 2-bedroom unit. Delivered as a blank canvas value-add asset, this property is the perfect opportunity for a developer or investor looking to optimize the space from day one and build for the future.

Basic Information

County : Passaic
Style :
Rooms : 16
Bedrooms : 10
Full Baths : 7
Half Baths : 1
Total Baths : 7
LotSize : 25X60
Acres : 0
Living Room Level :
Dining Room Level :
Kitchen Level :
Bedroom 1 Level :
Bedroom 2 Level :
Bedroom 3 Level :
Bedroom 4 Level :
Basement/Description :
Garage :
HeatSource :
Heat System :
Cooling System :
Water :
Sewer :
Utilities :

Additional Information

Tax Amount : 20481
Tax Year : 2025
Association Fee :
Grade School :
Middle School :
High School :