1. New Jersey
2. Paterson
3. 119 W Broadway

119 W Broadway, Paterson, NJ 07501

Property Description

Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market

Listing Status:

Active

Date Added:

May 21, 2025 at 05:00AM

Listing Office:

Century 21 Gemini Realty, Upper Montclair : 973-744-2700

Listing Agent:

Marilou Wong : (201) 303-7146

MLS ID:

25017398

Interior

• Heating: BaseboardGasHot Water

Location

Utilities

Financial

This listing courtesy of Marilou Wong, Century 21 Gemini Realty, Upper Montclair