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$1,250,000

1070

MLS® 4034158

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes $20,481
Days Active 3
Lot Size 0.03 Acres
Approx. Age 1925
MLS® Number 4034158

Property Address: 122 16th Ave, Paterson, NJ, 07501-2249

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

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.
MLS® Number4034158
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementFinished
DrivewayOn-Street Parking
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: 4+ Units
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
122 16Th Ave, Paterson,

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