Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#24971 +post_id: "42246" +post_author: 1 +"ListingKey": "5428589" +"ListingId": "4024514" +"StandardStatus": "Under Contract" +"ModificationTimestamp": "2026-07-09T09:52:15Z" +"RFModificationTimestamp": "2026-07-09T14:48:52Z" +"ListPrice": "999000" +"BathroomsTotalInteger": 0 +"BathroomsHalf": "5" +"BedroomsTotal": 0 +"LotSizeArea": 0.06 +"LivingArea": 4744.0 +"BuildingAreaTotal": "4744" +"City": "Paterson City" +"PostalCode": "07505-1274" +"UnparsedAddress": "89 Market St, Paterson City, Passaic 07505-1274" +"Coordinates": array:2 [ 0 => -74.1745 1 => 40.91583 ] +"Latitude": "40.91583" +"Longitude": "-74.1745" +"YearBuilt": "1910" +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "SERHANT NEW JERSEY LLC" +"ListAgentMlsId": "293189" +"ListOfficeMlsId": "6081" +"OriginatingSystemName": "gsmls" +"PublicRemarks": "This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2 -bedroom apartments will be vacant as of 4/1/2026, offering a valuable chance for renovation and immediate rent upside (to be rented for $1600). Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is." +"AttributionContact": "973-461-3118" +"Basement": "Bilco-Style Door, Full, Storage, Unfinished" +"BuildingAreaUnits": "Sqft" +"CapRate": "7.20" +"Cooling": "Window A/C(s)" +"CreationDate": "2026-07-06T20:33:20.328205+00:00" +"DaysOnMarket": "70" +"Directions": "GPS 89 Market St. Paterson" +"GarageSpaces": "0" +"GrossIncome": "103860" +"Heating": "4+ Units, Baseboard - Hotwater" +"InternetAutomatedValuationDisplayYN": true +"InternetEntireListingDisplayYN": true +"LeasableArea": "0" +"ListOfficePhone": "973-315-5959" +"ListingContractDate": "2026-04-30" +"LivingAreaUnits": "Sqft" +"LotFeatures": "Level Lot" +"LotSizeDimensions": "25X113" +"LotSizeUnits": "Sqft" +"MajorChangeTimestamp": "2026-07-09T09:52:14Z" +"MlsStatus": "Under Contract" +"NetOperatingIncome": "72693" +"NumberOfUnitsTotal": "5" +"OperatingExpense": "31168" +"OperatingExpenseIncludes": "Gas/Oil, Insurance, Maintenance - Exterior, Maintenance - Interior, Taxes, Trash, Water/Sewer" 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35 Columbia Ave , Passaic City, New Jersey 07055-6411
- $1,299,000
- 4500
35 Columbia Ave , Passaic City, New Jersey 07055-6411
- $1,299,000
Description
Six Residential Units, total of 24 rooms, 11 bedrooms, 6 full bathrooms. All separate utilities. Storage and Laundry in basement. On street parking. Built approx 8 years ago from the foundation up. Close to public transportation, downtown passaic, shopping, restaurants, schools and major highways! Excellent condition, excellent opportunity
Address
Open on Google Maps-
City: Passaic City
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State/county: Passaic
Details
Updated on July 9, 2026 at 1:33 pm-
Property ID HZ4028682
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Price $1,299,000
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Property Size 4500
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Property Status Active
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