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$1,398,000
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Property Description
Rare find mixed use building with 3 store fronts on street level and 3 2BRs apartments on 2nd floor. Located in the busy downtown area with bus terminal, buses, Jitney to NYC and many different directions in NJ. Only 30 mins drive to NYC via Rt.80. Total annual rent income is $180,000 with net income of $118,860 giving 8.5% return. Request for more details today.
Full Property Details
Full Property Details for 59-63 Broadway
General
- Price: $1,398,000
- Taxes: $48,912
- Status: Active
- Type: Apartment
- Source: NJMLS
- MLS ID: 25034052
- Updated: 9/22/2025
- Added to Site: 116 day(s) ago
Location
- Area: Paterson
- County: PASSAIC
Structural Information
- Architectural Style: Res/Com Mixed
- Description/Design: Rtl/Apt
- Roof: Flat
- Year Built: 1980s
Financial Considerations
- Tax Amount: $48,912
- Owner Pays: Common Area, Water, Taxes
Listed by Century 21 Cedarcrest Realty, Inc. (973) 228-1050, Yaw(Tracy) Chan (973) 476-8097
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Schools
Schools serving 59-63 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 59-63 Broadway
Date
Details
Price
Change
Source
9/22/2025
Listed
$1,398,000
—
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 59-63 Broadway
Year
Property Taxes
Change
Tax Assessment
Change
2024
$48,912
4%
$960,000
—
2023
$47,069
6%
$960,000
—
2022
$44,563
4%
$960,000
—
2021
$42,970
15%
$960,000
11%
2018
$37,342
10%
$863,200
5%
2017
$34,079
-4%
$819,200
—
2016
$35,545
6%
$819,200
—
2015
$33,653
-15%
$819,200
-15%
2019
$39,686
84%
$960,000
22%
2013
$21,582
—
$786,500
—
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 59-63 Broadway
59-63 Broadway, Paterson, NJ 07505 (MLS# 25034052) is a Apartment property. 59-63 Broadway is currently listed for $1,398,000 and was received on September 22, 2025. Want to learn more about 59-63 Broadway? 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.

