For Sale
Multi-Family
MLS# 4034158
122 16Th Ave
Paterson City, NJ 07501
$1,249,999
- 10Beds
- 7Baths
- 0.03Acres
- 1925Built
Paterson City, NJ 07501
$1,249,999
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.
Questions on 122 16Th Ave, Paterson City, NJ 07501, or want to see it in person?
Listed by KELLER WILLIAMS MID-TOWN DIRECT
Real estate in Northern New Jersey — honest, experienced, and with you long after the ink dries.
Contact
Keller Williams Prosperity Realty
1700 Rt. 23 N, Suite 300, Wayne, NJ 07470
973-370-9539 Team@ThePatLoweGroup.com
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