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$4,250,000 Just Listed

  • For Sale
  • Active
  • Retail
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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.

Full Property Details for 199 W Broadway

General

  • Price: $4,250,000
  • Taxes: $4,590 (2024)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 4008031
  • Updated: 2/3/2026
  • Added to Site: 6 day(s) ago

Business

  • Includes: Building & Land

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Restrooms: 22

Additional Information

  • Equipment: Appliances, Security System

Parking

  • Parking: Parking Lot-Exclusive

Location

  • County: Passaic
  • Driving Directions: Main Street to W Broadway
  • Location Details: Business District, Residential Area

Heating & Cooling

  • Cooling Type: 4+ Units, Central Air Conditioning
  • Heating Type: 4+ Units, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Construction: Wood
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Partial
  • Roof: Flat, Rubberized
  • Stories in Building: 3
  • Year Built: 2022

Unit Information

  • 1 Bedroom Units: 3
  • 2 Bedroom Units: 9
  • Units w/Full Bath: 12

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size: 50X100
  • Zoning: Redevelopment

Financial Considerations

  • Assessment Amount: $90,100
  • Land Assmt: $81,400
  • Tax Amount: $4,590
  • Tax Year: 2024
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electric, Gas, Heat, Hot Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Building Plans, Income & Expenses
  • Disclosures: Yes
  • APN: 2508-00608-0000-00012-0000-
  • Block: 608
  • Lot Number: 12

Listed by Haven Realty

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Listing agent

— 199 W Broadway —

  • Haven Realty

973-566-3556

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 199 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 199 W Broadway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/03/2026
Listed
$4,250,000
21.43%
MLS
2/23/2023
Sold
$3,500,000
—
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 199 W Broadway

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,591
4%
$90,100
—
2023
$4,418
202%
$90,100
—
2022
$1,462
—
$90,100
186%
2022
$1,462
4%
$31,500
—
2021
$1,410
10%
$31,500
1%
2019
$1,286
-9%
$31,100
-4%
2016
$1,406
6%
$32,400
—
2015
$1,331
-64%
$32,400
-76%
2013
$3,704
—
$135,000
—
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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NMLS#: 1598647

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Listed by Haven Realty

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199 W Broadway, Paterson, NJ 07522 (MLS# 4008031) is a Retail property. 199 W Broadway is currently listed for $4,250,000 and was received on February 03, 2026. Want to learn more about 199 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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