199 W Broadway , Paterson City, New Jersey 07522-1583

  • $3,600,000

Description

Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.

  • City: Paterson City
  • State/county: NJ

Details

Updated on August 3, 2026 at 7:20 pm
  • Property ID HZ4008031
  • Price $3,600,000
  • Property Status Active

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Queens Realty New Jersey

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