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242-244 Main St
Paterson, NJ 07505 Downtown Paterson

$1,359,000 USD

Storefront Retail Residential For Sale  •  8,606 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 8,606 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1913
  • Cap Rate 5.95 %
  • Tenancy Multiple
  • Zoning B4, Paterson City
64 Transit Score
99 Walk Score

Property Flyers

Financial Summary (Actual)

Net Operating Income: $80,820 USD (2025)
Cap Rate: 5.95 %
Total Expenses: $54,180 USD

Major Tenants

Tenant SF Occupied Lease End Date
Cricket 1 SF

Public Transportation

Commuter RailDriveWalkDistance
Paterson (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 1 min 7 min 0.4 mi
Hawthorne (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit)) 4 min - 2.6 mi
AirportDriveWalkDistance
Newark Liberty International 25 min - 20.9 mi
LaGuardia 37 min - 25.5 mi
Westchester County 57 min - 41.2 mi
Woo Choi 201-665-3114 Alpine MC Realty LLC
Woo Choi 201-665-3114 Alpine MC Realty LLC