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$1,061,000 Just Listed
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Property Description
Strategic retail/investment opportunity in Paterson's highly active Totowa commercial corridor, immediately west of Downtown Paterson. This property consists of a 5,050 SF two-story retail building situated on a 50' x 101' lot, offered vacant at closing to provide immediate flexibility for owner users, investors, or purchasers interested in redevelopment. Currently operating as a supermarket, the property includes existing walk-in coolers/freezers and a functional retail layout well suited for grocery, specialty food, discount retail, medical, or other neighborhood serving commercial uses. Located in a densely populated residential trade area with strong pedestrian and vehicular traffic, the asset offers excellent visibility, established consumer demand, and durable long term retail fundamentals. Rare opportunity to acquire a vacant urban retail asset with owner user utility, lease up/investment upside, and future redevelopment potential in one of Paterson's most established neighborhood retail submarkets.
Full Property Details
Full Property Details for 139 Wayne Ave
General
- Price: $1,061,000
- Taxes: $36,208 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4020666
- Updated: 4/14/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building & Land, See Remarks
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: See Remarks
Parking
- Parking: None, On-Street Parking
Location
- County: Passaic
- Driving Directions: Between Union Ave & Totowa Ave
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: Central Air Conditioning, See Remarks
- Heating Type: Forced Hot Air, See Remarks
- Heating Fuel: Natural Gas, See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Roof: See Remarks
- Stories in Building: 2
- Square Feet: 5,050
- Aprox. Leasable: 5,050 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.11
- Lot Size: 50X101
- Zoning: R3
Financial Considerations
- Assessment Amount: $1,311,500
- Land Assmt: $205,100
- Tax Amount: $36,208
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2508-00923-0000-00016-0000-
- Block: 923
- Lot Number: 16
Listed by Triumph Group Real Estate
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Schools
Schools serving 139 Wayne Ave
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 139 Wayne Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$1,061,000
304.19%
MLS
1/28/2005
Sold
$262,500
—
Public Record
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
Tax History for 139 Wayne Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$34,580
4%
$678,700
—
2023
$33,277
6%
$678,700
—
2022
$31,505
4%
$678,700
—
2021
$30,379
26%
$678,700
21%
2018
$24,178
10%
$558,900
6%
2017
$21,952
-4%
$527,700
—
2016
$22,906
6%
$527,900
—
2015
$21,686
-17%
$527,900
-17%
2019
$26,189
97%
$633,500
31%
2013
$13,311
—
$485,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 139 Wayne Ave
139 Wayne Ave, Paterson, NJ 07502 (MLS# 4020666) is a Commercial property. 139 Wayne Ave is currently listed for $1,061,000 and was received on April 14, 2026. Want to learn more about 139 Wayne Ave? Do you have questions about finding other Commercial real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

