322 Market St
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322 Market St
5,116 SF 80% Leased Retail Building Paterson, NJ 07501 £720,380 (£141/SF)
Investment Highlights
- High-Visibility Location: Excellent exposure on a busy street in Paterson’s business district.
- Versatile Investment: Mixed-use potential with both commercial and residential income opportunities.
- Renovated Apartment: Modern finishes, move-in ready, ideal for leasing or owner use.
Executive Summary
Prime mixed-use property in the heart of Paterson! This well-maintained building features a high-visibility commercial space on the ground floor, perfect for retail or office use. Upstairs, a fully renovated apartment awaits—vacant and ready for immediate lease or owner-occupancy. Don’t miss this versatile investment opportunity in a thriving location.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,116 SF
Building Class
C
Year Built
1980
Price
£720,380
Price Per SF
£141
Percent Leased
80%
Tenancy
Multiple
Number of Floors
3
Slab to Slab
10 ft
Building FAR
1.61
Lot Size
0.07 AC
Frontage
34 ft on Market St
Walk Score ®
Walker's Paradise (93)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 08-06208-0000-00004 | Total Assessment | £317,128 |
| Land Assessment | £54,089 | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £263,039 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
08-06208-0000-00004
Land Assessment
£54,089
Improvements Assessment
£263,039
Total Assessment
£317,128
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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Ample Commercial
322 Market St
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