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$250,000 Just Listed
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Property Description
Exceptional redevelopment opportunity in the heart of downtown. This three-story brick commercial building includes a full basement and offers outstanding potential for transformation. The street level was formerly occupied by a salon, while the upper floors may accommodate office, retail, studio, mixed-use, or residential conversion, subject to municipal approvals. Positioned along a busy downtown corridor with excellent visibility and immediately adjacent to a city parking lot with ample public parking, this property is well suited for investors, developers, or owner-occupants seeking a centrally located building with historic character and versatile possibilities.
Full Property Details
Full Property Details for 88 Main St
General
- Price: $250,000
- Taxes: $12,003 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4049053
- Updated: 8/26/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 1
Additional Information
- Equipment: Restrooms - Private, See Remarks
Parking
- Parking: On-Street Parking
Location
- County: Passaic
- Driving Directions: Use Google Maps
- Location Details: Business District
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: ConcBrd
- Basement: Yes
- Basement Desc.: Full
- Roof: Rubberized
- Stories in Building: 3
Lot Features
- Lot Size (Acres): 0.03
- Lot Size: 13X85
- Zoning: Commercial
Financial Considerations
- Assessment Amount: $399,600
- Land Assmt: $128,600
- Tax Amount: $12,003
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2508-04507-0000-00007-0000-
- Block: 4507
- Lot Number: 7
Listed by Realty One Group Legend
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Price & Sales History for 88 Main St
Date
Details
Price
Change
Source
8/26/2026
Listed
$250,000
—
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 88 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,004
—
$399,600
78%
2025
$12,004
15%
$225,000
—
2022
$10,444
4%
$225,000
—
2021
$10,071
-39%
$225,000
-41%
2018
$16,495
10%
$381,300
6%
2017
$14,980
-4%
$360,100
—
2016
$15,625
6%
$360,100
—
2015
$14,793
-9%
$360,100
-8%
2019
$16,214
141%
$392,200
60%
2013
$6,720
—
$244,900
—
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 88 Main St
88 Main St, Paterson, NJ 07505 (MLS# 4049053) is a Retail property. 88 Main St is currently listed for $250,000 and was received on August 26, 2026. Want to learn more about 88 Main St? Do you have questions about finding other Retail real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

