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The property features three residential apartments on the second level including one one-bedroom residence and two studio apartments complemented by commercial space on the ground floor.The lower level offers expansive flexible space with direct exterior access, creating additional potential for storage, operations, creative workspace, or supplemental use opportunities. Residential tenants enjoy a dedicated private entrance from Franklin Place.Ideally situated just steps from the Summit Parking Garage, NJ Transit train station with direct service to New York City, boutique shopping, acclaimed dining, and everyday conveniences, the property benefits from exceptional visibility, strong pedestrian traffic, and a highly walkable commuter-centric location. The luxury townhome development along Franklin Place further enhances the long-term appeal and investment potential of this dynamic downtown corridor.Ideal for investors seeking stable mixed-use income, an owner-user desiring a flagship downtown presence, or a developer, this offering represents a unique opportunity within Summit commercial market." +"AttributionContact": "908-477-1010" +"Basement": "Finished-Partially, Full, Storage, Walkout" +"BuildingAreaUnits": "Sqft" +"Cooling": "1 Unit, Central Air, Wall A/C Unit(s)" +"CreationDate": "2026-06-09T08:24:54.711690+00:00" +"DaysOnMarket": 80 +"Directions": "Corner of Summit Avenue and Franklin Place" +"Flooring": "Carpeting, Concrete, Tile, Wood" +"Heating": "4+ Units, Baseboard - Hotwater" +"InternetAutomatedValuationDisplayYN": true +"InternetEntireListingDisplayYN": true +"LeasableArea": "2100" +"ListOfficePhone": "908-233-8502" +"ListingContractDate": "2026-05-09" +"LivingAreaUnits": "Sqft" +"LotFeatures": "Corner" 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430-432 10Th Ave , Paterson City, New Jersey 07514-1808
- $799,900
430-432 10Th Ave , Paterson City, New Jersey 07514-1808
- $799,900
Description
GREAT BUSINESS OPPORTUNITY TO PURCHASE A COMMERCIAL BUILDING WITH TWO ON GOING BUSINESS. A BAKERY & LAUNDROMAT. RENTS ARE GOOD WITH LEASES THAT HAVE AN AUTOMATIC YEARLY INCRESE OF 5% PER YEAR. TENANTS PAY CITY TAXES AND SEWER.
Address
Open on Google Maps-
City: Paterson City
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State/county: Passaic
Details
Updated on July 28, 2026 at 3:01 pm-
Property ID HZ4032308
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Price $799,900
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Property Size 3600
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Property Status Active
Features
Mortgage Calculator
Monthly
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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PMI
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