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$600,000

  • For Sale
  • Active
  • Retail
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Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market

Full Property Details for 119 W Broadway

General

  • Price: $600,000
  • Taxes: $13,598
  • Status: Active
  • Type: Retail
  • Source: NJMLS
  • MLS ID: 25017398
  • Updated: 10/23/2025
  • Added to Site: 241 day(s) ago

Location

  • Area: Paterson
  • County: PASSAIC

Heating & Cooling

  • Heating Type: Baseboard, Gas, Hot Water

Utilities

  • Utility Description: Sep Elec, Sep Gas, Seperate Heat

Structural Information

  • Architectural Style: Retail

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Tax Amount: $13,598

Disclosures and Reports

  • Ownership: Private
  • Flood Zone: None

Listed by Century 21 Gemini Realty, Upper Montclair (973) 744-2700, Marilou Wong (201) 303-7146

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Listing agent

— 119 W Broadway —

  • Marilou Wong

    Century 21 Gemini Realty, Upper Montclair

    (201) 303-7146

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 119 W Broadway

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 119 W Broadway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/23/2025
Price Reduced
$600,000
-7.69%
MLS
10/01/2025
Price Reduced
$650,000
-10.34%
MLS
5/21/2025
Listed
$725,000
107.14%
MLS
12/14/2022
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 119 W Broadway

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,599
10%
$266,900
—
2022
$12,390
4%
$266,900
—
2021
$11,946
8%
$266,900
—
2019
$11,034
6%
$266,900
11%
2018
$10,382
10%
$240,000
5%
2017
$9,476
-4%
$227,800
—
2016
$9,884
6%
$227,800
—
2015
$9,358
12%
$227,800
-25%
2013
$8,358
—
$304,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Century 21 Gemini Realty, Upper Montclair (973) 744-2700, Marilou Wong (201) 303-7146

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119 W Broadway, Paterson, NJ 07501 (MLS# 25017398) is a Retail property. 119 W Broadway is currently listed for $600,000 and was received on May 21, 2025. Want to learn more about 119 W Broadway? Do you have questions about finding other Retail real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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