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Listed with Annakay S. Lyttle | 973-851-0350, Lyttle Dream Team Realty LLC
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Exceptional investment opportunity in the heart of Paterson! This fully occupied mixed-use building at 231 Market Street offers immediate cash flow and long-term upside for the savvy investor. The property features nine well-maintained one-bedroom residential units, all currently rented, providing stable and consistent income. The ground floor is occupied by an established furniture retail store, adding a strong commercial component and additional revenue stream. This prime location benefits from high foot traffic, excellent visibility, and close proximity to major highways, public transportation, shopping, and dining. With 100% occupancy, this turnkey asset is ideal for investors seeking a performing property with minimal downtime. Whether you’re expanding your portfolio or entering the mixed-use market, this property delivers both stability and growth potential. Offered at $3,100,000. Don’t miss this rare opportunity to own a high-performing mixed-use property in a thriving urban location.
| DAYS ON MARKET | 46 | LAST UPDATED | 5/5/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | PASSAIC |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to May 5, '26 | $3,100,000 |
|---|---|
| May 5, '26 - Today | $3,050,000 |
| ADDITIONAL DETAILS |
MORTGAGE CALCULATOR
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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 Sotheby's 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: 6/7/26 8:34 AM PDT Source: New Jersey Multiple Listing, Inc.
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