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For Sale

$1,399,000

Listed 55 days ago
3 bd·0 ba·1,800 sqft
242-244 Main Street, Paterson, NJ 07505
NJMLS$777/sq ft
Type
Commercial
Year Built
Listing Date
04/05/2026

Prime Investment Opportunity in the Heart of Downtown Paterson! This massive, six-story mixed-use building is perfectly situated on Main Street, the city’s busiest thoroughfare, offering unbeatable visibility and high foot traffic. The property features a prime ground-floor retail space (currently a mobile store) and five expansive residential units, each boasting approximately 1,800 sq. ft. of living space. With a current income of $119,400 and significant rental upside, this asset is a true…

Property details

Essential Info

Price$1,399,000
Price / Sq Ft$777/sq ft
Bedrooms3
Baths0
Square Footage1,800 sq ft
TypeCommercial
Annual Tax (2026)$38,822
Listing StatusFor Sale
Days on Market55 days
Listing Date04/05/2026
Listing #26011325
MLS SourceNJMLS
Street Address242-244 Main Street
CityPaterson
County/AreaPassaic
StateNJ
Zip Code07505

Taxes

Annual Tax$38,822
Tax Year2026
Assessed Value
Exemptions
Listed By: Realty 7, LLC
Vincent Lee
Source: New Jersey MLS
Listing #: 26011325
Contact: 201-647-9964

Contact Agent

E

Elevate Realty

Professional Real Estate

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Elevate Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.

Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: --/--/----.

Source: New Jersey Multiple Listing Service, Inc.

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