- 0 BedroomBeds
- 0 BathroomBaths
- 0.11Acres
- CommercialType
- ActiveStatus
- Sold On
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Property Description 199 W Broadway, Paterson City, NJ 07522
Newly constructed, fully rented mixed-use investment opportunity offering immediate cash flow and long-term upside. This modern building features 12 residential units, including 3 one-bedroom/one-bath apartments and 9 two-bedroom/two-bath apartments, plus 1 ground-level retail space, all currently leased. Each residential unit offers separate heating and cooling systems along with in-unit washer/dryers. Private on-site parking adds strong tenant appeal and long-term value. In addition to the immediate cash flow, the property benefits from time remaining on a 20-year tax abatement. A well-maintained, fully stabilized investment property offering immediate income with the benefit of long-term tax advantages.
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Property Details 199 W Broadway, Paterson City, NJ 07522
General
- County: Passaic
- List Date: 02/03/2026
- Year Built: 2022
- Tax Amount.: $4,590
- Tax Year: 2024
- Basement: Yes
Interior Features
- Heating: 4 Units, Forced Hot Air
- Cooling: 4 Units, Central Air
- Water: Public Water
- Sewer: Public Sewer
- Fuel Type: Gas-Natural
Exterior Features
- Parking: Parking Lot-Exclusive
- Zoning: Redevelopment
- Roof Type: Flat, Rubberized
- Pool: NO
- Exterior Description: Vinyl Siding
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