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$650,000

  • For Sale
  • Active
  • Commercial
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Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms rented for $1700, while the second features 4 bedrooms is currently rented for $2700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner.Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.

Full Property Details for 331 Market St

General

  • Price: $650,000
  • Taxes: $11,917 (2024)
  • Status: Active
  • Type: Commercial
  • Source: Garden_State
  • MLS ID: 4000585
  • Updated: 12/9/2025
  • Added to Site: 44 day(s) ago

Business

  • Includes: Building Only

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Restrooms: 2

Additional Information

  • Equipment: Smoke Detector

Parking

  • Parking: On-Street Parking

Location

  • County: Passaic
  • Driving Directions: Market St to Property
  • Location Details: Freestanding

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 2 Units
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Flat
  • Stories in Building: 2
  • Square Feet: 3,168
  • Aprox. Leasable: 3,168 Sq. Ft.
  • Office: 1,020 Sq. Ft.
  • Year Built: 1910

Unit Information

  • 2 Bedroom Units: 1

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size: 27X120
  • Zoning: mix use

Financial Considerations

  • Assessment Amount: $233,900
  • Land Assmt: $66,400
  • Tax Amount: $11,917
  • Tax Year: 2024
  • Pays Utilities: Tenant

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: See Remarks
  • APN: 2508-04321-0000-00024-0000-
  • Block: 4321
  • Lot Number: 24

Listed by Keller Williams Team Realty

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Listing agent

— 331 Market St —

  • Keller Williams Team Realty

973-234-2307

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 331 Market St

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 331 Market St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/05/2025
Listed
$650,000
25%
MLS
3/22/2024
Sold
$520,000
—
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 331 Market St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,917
4%
$233,900
—
2023
$11,468
6%
$233,900
—
2022
$10,858
4%
$233,900
—
2021
$10,469
12%
$233,900
4%
2019
$9,306
6%
$225,100
11%
2018
$8,756
10%
$202,400
5%
2017
$7,991
-4%
$192,100
—
2016
$8,335
6%
$192,100
—
2015
$7,891
—
$192,100
-33%
2013
$7,914
—
$288,400
—
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 for 331 Market St

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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

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Listed by Keller Williams Team Realty

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331 Market St, Paterson, NJ 07501 (MLS# 4000585) is a Commercial property. 331 Market St is currently listed for $650,000 and was received on December 05, 2025. Want to learn more about 331 Market St? 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.

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