384-392 River St, Paterson City, NJ
$1,499,000
First time in the market, this fabulous 8 units mix-use property consisting of 4-2 bedrooms 2nd floor residential units in great condition, built approx. 1995 with modern/open layouts, LR, Kitchens, 2 spacious bedrooms and bath, all separate utilities and gas baseboard heat (RENTS are under Mkt Value and currently M2M at $1200 EACH), the ground floor consists of 4 shops (Unit#1 currently for rent at $2,000 a month consisting of approx 2000SQF formerly used as an upholstery shop with overhead 12' door), Unit#2: a Karate/Gym with office and 2nd floor room with restrooms rented at $1650, Unit#3: Tire-Shop currently $1,280, and Unit#4 Auto Repair $1680. Property is very well maintained and in good condition consisting of 2 lots (384-386 River St - Parking for tenants, and 386-390 River St ).This building is very well-maintained, in a convenient location of Paterson, close to shopping, NYC transp and most area's highways.
Property Details
| Property Type | Commercial Sale |
|---|---|
| Mls # | 4008849 |
| LotSize | 0.07 acres |
| Property Subtype | Other |
| Year Built | 1930 |
| Cooling Systems | multi units |
| Exterior Types | concrete |
| Num Of Floors | 2 |
|---|---|
| Roof Types | flat,rubber |
| Floor Coverings | Concrete, Tile, Wood |
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We first worked with Roberto Sanchez 20 years ago when we bought our very first home. He was patient, friendly, and genuinely listened to what we were looking for. We looked at homes in Clifton,...
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Like most first time sellers we're in uncharted territory. When I decided to sell my condo in Passaic, NJ I hired Roberto Sanchez and he guided me all along the process, advised me on what to do and...
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Like most first time sellers we're in uncharted territory. When I decided to sell my condo in Passaic, NJ I hired Roberto Sanchez and he guided me all along the process, advised me on what to do and...
Read more 08/31/2025 - wayne peaslee
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It was some kind of fortunate circumstance that Mr. Roberto A. Sanchez, an over 30 year expert in real estate, would lead in the sale of our home at 25 Saint Mary’s Place in Nutley. I was...
Read more 07/25/2025 - B-ry P.
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It was some kind of fortunate circumstance that Mr. Roberto A. Sanchez, an over 30 year expert in real estate, would lead in the sale of our home at 25 Saint Mary’s Place in Nutley. I was...
Read more 07/25/2025 - polixab
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I had a good experience working with Roberto Sanchez when selling my house at 102 Cupsaw Ave in Ringwood. He was very responsive and on top of the transaction from the beginning to the end. I highly...
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