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$3,100,000 Just Listed
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Property Description
Exceptional investment opportunity in the heart of Paterson! This fully occupied mixed-use building at 231 Market Street offers immediate cash flow and long-term upside for the savvy investor. The property features nine well-maintained one-bedroom residential units, all currently rented, providing stable and consistent income. The ground floor is occupied by an established furniture retail store, adding a strong commercial component and additional revenue stream. This prime location benefits from high foot traffic, excellent visibility, and close proximity to major highways, public transportation, shopping, and dining. With 100% occupancy, this turnkey asset is ideal for investors seeking a performing property with minimal downtime. Whether you'€™re expanding your portfolio or entering the mixed-use market, this property delivers both stability and growth potential. Offered at $3,100,000. Don'€™t miss this rare opportunity to own a high-performing mixed-use property in a thriving urban location.
Full Property Details
Full Property Details for 231 Market St
General
- Price: $3,100,000
- Taxes: $42,000
- Status: Active
- Type: Apartment
- Source: NJMLS
- MLS ID: 26014240
- Updated: 4/23/2026
- Added to Site: 4 day(s) ago
Location
- Area: Paterson
- County: PASSAIC
Structural Information
- Architectural Style: Res/Com Mixed
- Description/Design: Inds/Apt
- Roof: Other (See Remarks)
- Year Built: 1940s
Financial Considerations
- Tax Amount: $42,000
- Owner Pays: Common Area, Snow, Water, Taxes
Listed by Lyttle Dream Team Realty LLC (973) 830-2888, Annakay Lyttle (973) 851-0350
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Schools
Schools serving 231 Market St
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 231 Market St
Date
Details
Price
Change
Source
4/22/2026
Listed
$3,100,000
—
MLS
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 231 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,570
4%
$600,000
—
2023
$29,418
6%
$600,000
—
2022
$27,852
11%
$600,000
—
2020
$25,050
1%
$600,000
—
2019
$24,804
-4%
$600,000
—
2018
$25,956
-20%
$600,000
-23%
2017
$32,606
-4%
$783,800
—
2016
$34,009
6%
$783,800
—
2015
$32,198
95%
$783,800
30%
2013
$16,527
—
$602,300
—
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 231 Market St
231 Market Street, Paterson, NJ 07505 (MLS# 26014240) is a Apartment property. 231 Market Street is currently listed for $3,100,000 and was received on April 22, 2026. Want to learn more about 231 Market Street? Do you have questions about finding other Apartment real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

