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$749,999 Just Listed
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Property Description
407 Main Street presents a rare investment opportunity in the heart of Downtown Paterson'€™s historic commercial corridor. With 3,840?sq ft of flexible commercial space and a prime walkable location near transit, shops, and restaurants, this property is well suited for a variety of business types from retail and professional offices to service and mixed use redevelopment. Its high visibility and strong foot traffic in a multi million dollar investment area make it attractive to both investors and owner users seeking stable income and long term growth potential in one of Northern New Jersey'€™s most dynamic urban markets.
Full Property Details
Full Property Details for 407 Main St
General
- Price: $749,999
- Taxes: $13,797
- Status: Active
- Type: Apartment
- Source: NJMLS
- MLS ID: 26001912
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Location
- Area: Paterson
- County: PASSAIC
Structural Information
- Architectural Style: Res/Com Mixed
- Description/Design: Rtl/Apt
- Roof: Flat
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $13,797
- Owner Pays: None
Listed by Hudson One Realty LLC (646) 531-2942, Zuoxin Chen (862) 221-8627
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Schools
Schools serving 407 Main 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 407 Main St
Date
Details
Price
Change
Source
1/16/2026
Listed
$749,999
221.2%
MLS
6/25/2014
Sold
$233,500
—
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 407 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,797
4%
$270,800
—
2023
$13,277
6%
$270,800
—
2022
$12,571
4%
$270,800
—
2021
$12,121
13%
$270,800
4%
2019
$10,773
6%
$260,600
11%
2018
$10,136
11%
$234,300
7%
2017
$9,094
-6%
$218,600
-2%
2016
$9,650
6%
$222,400
—
2015
$9,136
-8%
$222,400
-39%
2013
$9,944
—
$362,400
—
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
Estimate the Cost for 407 Main St
407 Main Street, Paterson, NJ 07501 (MLS# 26001912) is a Apartment property. 407 Main Street is currently listed for $749,999 and was received on January 16, 2026. Want to learn more about 407 Main 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.

