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For sale
  • $925,000

    491 21st Ave, Paterson, NJ 07513

    --beds
    --baths
    --sqft
    : 
    Mixed Use
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Spacious residential apartments
    Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia
    36 days
    on Zillow
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    95
    |
    2
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    Zillow last checked: 7 hours ago

    Listing updated: April 29, 2025 at 10:06am

    Listed by:

    Omar Fernandez 973-968-9497,

    EXP Realty, LLC

    Source: NJMLS,MLS#: 25013942MLS Logo
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    Facts & features

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Mixed Use
    Materials
    • Roof: Asphalt

    Utilities & green energy

    • Water: Munincipal Water

    Community & HOA

    Location
    • Region: Paterson

    Financial & listing details

    • Date on market: 4/28/2025
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