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199 Broadway

Paterson, NJ 07522
  • $4,250,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 22603029
$4,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

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.

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© 2026 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2026-02-11T00:19:11.033.
www.candiesellshomes.com/homes/172694311
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199 Broadway Paterson, NJ 07522

  • Price: $4,250,000
  • Status: Active
  • On Site: 7 Days
  • MLS #: 22603029
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Dakota Park
County:
Passaic
Area:
Paterson (PAT)
Property 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.
Exterior Features

Exterior Features Lighting Garage YN No Parking Features On Site Parking Total 8 Roof Flat Waterfront Features []

Interior Features

Basement [] Cooling Central Air Cooling YN Yes Fireplaces Total 0 Flooring TileWood Handicap Access Yes Heating Forced Air Heating YN Yes Interior Features []

Property Features

Assessment Assessed Yes Association Fee Includes [] Gas On Site Yes Lease No Lot Features [] New Construction YN No Owner Pays [] Property Sub Type Multi Family Sale Yes Sewer Public Sewer Tax Annual Amount 4590 Tax Year 2024 Water Heater Natural Gas Yes Water Source Public Zoning Description Mixed

Listing information © 2026 Monmouth-Ocean MLS. Listing provided courtesy of Michael John Deblasio of Haven Realty LLC: 973-566-3556.


© 2026 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2026-02-11T00:19:11.033.
 
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