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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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242-244 Main St , Paterson, NJ 07505
$1,399,000
Est. Payment: $7,204.88/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 153
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55209 - 1001750
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Susan Maryanski, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Susan Maryanski
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House Description

Location, Location, Location! An unbeatable investment opportunity awaits the savvy investor in the absolute heart of downtown with this premier 6-level mixed-use building. The property features a high-visibility ground-floor retail space with large windows perfect for attracting maximum foot traffic, situated beneath 5 spacious residential units that provide a steady, diversified income stream. Financially optimized for low landlord oversight, all utilities are completely separate with tenants paying for their own heat, gas, and electric, while the landlord is only responsible for water. The asset currently generates a robust Net Operating Income (NOI) of $73,418 on a Gross Rental Income of $126,840, offering immediate, incredible upside potential to maximize your return since all rents feature a built-in 5% annual increase and one apartment is delivered vacant, ready for immediate market-rate rental. Sold strictly "AS-IS,"
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Highlights

Listed by Vincent Lee , 201-647-9964 Realty 7, LLC , 201-292-7777. New Jersey Multiple Listing Service mls logo

Property Type

Commercial Sale

County

Passaic

Area

Paterson

Listing ID

26011325

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$7,205
Taxes
$3,235

Home Price

$1,399,000

Loan Details

30 yrs
6.677%

Down Payment

20%
$279,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,204.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,204.88 $3,235.17 $0.00 $10,440.05
Yearly $86,458.61 $38,822.00 $0.00 $125,280.61
Total $2,593,758.39 $1,164,660.00 $0.00 $3,758,418.39

Today's Rates

30 Year

6.68%

20 Year

6.59%

15 Year

6.04%

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Market insight data is pulled from the same city as the listing being viewed (Paterson, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

(c) 2026 New Jersey Multiple Listing Service, Inc, All Rights Reserved. Information provided by the New Jersey Multiple Listing Service, and Information Deemed Reliable But Not Guaranteed. The listing content relating to 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 the brokerage firm of this website are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing brokers. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: 2026-09-05T16:35:17.500Z

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