107 Jersey ST Under Contract

Paterson,NJ 07501

$ 650000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 25004430

Style Retail

Property Sub-Type Retail

Property Description

Welcome to your prime corner lot, income-generating powerhouse! This mixed-use, corner-lot property offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attracting long-term tenants. The ground-floor unit is currently a fully operational restaurant, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just off Route 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionals seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Ground level can only be commercial.

Location

State NJ

County Passaic

Interior

Heating Gas

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