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$ 1,250,000
Est. payment /mo
New
122 16Th Ave Paterson City, NJ 07501
10 Beds
7.5 Baths
3,513 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,513 sqft
Price per Sqft $355
MLS Listing ID 4034158
Style See Remarks
Bedrooms 10
Full Baths 7
Half Baths 1
Year Built 1925
Annual Tax Amount $20,481
Tax Year 2025
Lot Size 1,306 Sqft
Property Description
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.
Location
State NJ
County Passaic
Zoning RA-2
Rooms
Basement Finished
Interior
Heating Gas-Natural
Cooling See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Utilities Available See Remarks
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style See Remarks
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS MID-TOWN DIRECT
NEARBY SCHOOL & BUSINESS
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