8,000 sqft

$1,348,000

386-390 River St, Paterson City NJ, 07524

Price per sqft$168.50

Built in1930

Property size8,000 sqft

Property typeCommercial

Overview

Active

Listed Aug 16, 2026

Updated 41h ago

Annual income of approx. $138k/yr, Residential/Commercial, fully rented with great-paying tenants, very well-maintained, hassle-free property featuring a 2nd floor with 4-2 bedrooms, modern apartments built in 1990-1991 in great condition, with open layouts; (2 BEDROOMS, 1 mod-tiled bath and kitchen, LR/DR, Closets, casement windows, and more) fully rented with M2M leases. The ground floor consists of units 5 and 6 with approx. 4100 SQF combined for many possibilities (currently rented for $2,000 and $1650), and UNITS 7 and 8 on the Putnam St side currently rented for ($1,280 and $1,680), Parking lot, fenced-in, currently used by residential tenants for approx 6 cars, ALL SEPARATE utilities, including electric, heat, water, convenient location, (FULL BASEMENT, Great for storage/utility shop, etc), close to NYC bus, shopping, and major highways. a MUST SEE INVESTMENT Property.

Other Property Details

Taxes: $29,342
Tax Frequency: Annually
Garage: Yes

Courtesy of UNITED REAL ESTATE with ROBERTO SANCHEZ,
Listing Contact: 8885016953

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