Date
Details
Price
Change
Source
2/09/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/19
$1,500,000 Just Listed
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1/19
Property Description
First time in the market, this fabulous 8 units mix-use property consisting of 4-2 bedrooms 2nd floor residential units in great condition, built approx. 1995 with modern/open layouts, LR, Kitchens, 2 spacious bedrooms and bath, all separate utilities and gas baseboard heat (RENTS are under Mkt Value and currently M2M at $1200 EACH), the ground floor consists of 4 shops (Unit#1 currently for rent at $2,000 a month consisting of approx 2000SQF formerly used as an upholstery shop with overhead 12' door), Unit#2: a Karate/Gym with office and 2nd floor room with restrooms rented at $1650, Unit#3: Tire-Shop currently $1,280, and Unit#4 Auto Repair $1680. Property is very well maintained and in good condition consisting of 2 lots (384-386 River St - Parking for tenants, and 386-390 River St ).This building is very well-maintained, in a convenient location of Paterson, close to shopping, NYC transp and most area's highways.
Full Property Details
Full Property Details for 384-390 River St
General
- Price: $1,500,000
- Taxes: $28,022 (2024)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4008849
- Updated: 2/11/2026
- Added to Site: 5 day(s) ago
Business
- Includes: Building Only, See Remarks
Rental Information
- Lease Terms: 1 Year Minimum
Interior
- Flooring: Concrete, See Remarks, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Restrooms: 5
Additional Information
- Equipment: Appliances, Fire Alarm, Restrooms - Private, Smoke Detector
Exterior
- Color: Tan
Parking
- Garage Spaces: 6
- Total Spaces: 6
- Parking: 2 Car Width, Blacktop, Off-Street Parking
Location
- County: Passaic
- Driving Directions: River St
- Location Details: Business District, See Remarks
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Cable TV Available
Structural Information
- Construction: Formed Concrete, Wood
- Exterior Const.: Aluminum Siding, Concrete
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Flat, Rubberized
- Ceiling Height: 13
- Doors: 3
- Door Dimensions: 11
- Loading: Drive-In Doors, See Remarks
- Bays: 1
- Stories in Building: 2
- Year Built: 1930
- Remodeled/Updated: 1995
Unit Information
- 2 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 40X74, 40x72
- Permitted Use: Commercial/Residential
- Zoning: NA
- Lot Description: Level Lot
Financial Considerations
- Expenses: Electricity, Insurance, Taxes
- Assessment Amount: $550,000
- Land Assmt: $37,100
- Tax Amount: $28,022
- Tax Year: 2024
- Tenant Pays: Electric, Gas, Heat, Hot Water
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Financial Statement, Income & Expenses, See Remarks
- APN: 2508-02902-0000-00002-0000-
- Block: 2902
- Lot Number: 2
Listed by United Real Estate
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Listing agent
— 384-390 River St —
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888-501-6953
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Schools
Schools serving 384-390 River 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 384-390 River St
Tax History
Tax History for 384-390 River St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,564
4%
$30,700
—
2023
$1,505
6%
$30,700
—
2022
$1,425
35%
$30,700
—
2021
$1,054
-43%
$30,700
-29%
2018
$1,860
46%
$43,000
40%
2017
$1,277
-4%
$30,700
—
2016
$1,332
6%
$30,700
—
2015
$1,261
-33%
$30,700
-32%
2019
$1,869
1%
$45,200
-33%
2013
$1,844
—
$67,200
—
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 384-390 River St
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- Commercial
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384-390 River St, Paterson, NJ 07524 (MLS# 4008849) is a Apartment property. 384-390 River St is currently listed for $1,500,000 and was received on February 09, 2026. Want to learn more about 384-390 River St? 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.