Penny Lane Realtors
The median home value in Paterson, NJ is $395,000.
This is
lower than
the county median home value of $410,000.
The national median home value is $308,980.
The average price of homes sold in Paterson, NJ is $395,000.
Approximately 29% of Paterson homes are owned,
compared to 64% rented, while
8% are vacant.
Paterson real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Paterson real estate agent to arrange a tour today!
Learn more about Paterson.
CORNER COMMERCIAL PROPERTY WITH 3 UNITS WITH MANY POSSIBILITIES! ONLY BUILDING FOR SALE, MINI MARKET HAS A LEASE THAT ENDS FEBRUARY 2025, BEAUTY SALON HAS NO LEASE AND THE BARBER SHOP HAS NO LEASE. ALL TENANTS PAY THEIR UTILITIES! (WATER, GAS AND ELECTRICITY) OWNER PAYS TAXES AND SEWER. NEW ROOF.
Fully renovated building with three units mixed-use, fully occupied with 8% caprate. The building has 3 gas meters, 4 electrics meters and 2 water meters all separated. The first floor is a commercial store with a backyard access while the second floor (3BR, 1BA) and third floor (2BR, 1BA) share the main entrance and the emergency exit. Income for 3 units are $2000, $1893, $1595 respectively.
