USANJPaterson207 Market St
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207 Market St, Paterson, NJ

Real Estate

For Sale

Listed price in listed location currency (USD).
$3,000,000

000

MLS® 26005109

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $59,917
Days Active 17
Approx. Age 
MLS® Number 26005109

Property Address: 207 Market St, Paterson, NJ, 07505-1507

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire a stabilized, income-producing commercial building in the heart of Paterson. Positioned on highly trafficked Market Street, this 3-story masonry asset offers approximately 13, 107 SF of prime downtown real estate with immediate cash flow and long-term upside. The property features a leased retail storefront on the first floor (approx. 6, 500 SF) and a leased office space on the third floor (approx. 3, 500 SF), delivering strong in-place income. The second floor (approx. 3, 500 SF) provides clear value-add potential for repositioning or future development. The property also includes rear land behind the building, offering additional expansion or build-out potential (subject to approvals). Located within the B-4 Central Business District zone, the property supports a variety of commercial and mixed-use uses. Based on zoning parameters and preliminary development concepts, there may be potential for residential conversion, with conceptual estimates ranging from approximately 40 to 90 units, subject to architectural design and full municipal approvals. Buyer to conduct independent due diligence with the City of Paterson. Surrounded by redevelopment, transit access, and established commercial activity, this asset offers multiple strategies: stable hold, expansion, repositioning, or long-term redevelopment.
MLS® Number26005109
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 16, 2026List Date
$3,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
207 Market St, Paterson, NJ

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