139 Wayne Ave, Paterson City, NJ 07502
139 Wayne Ave, Paterson City, NJ 07502
139 Wayne Ave, Paterson City, NJ 07502
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$1,061,000
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5,050 SqFt
Under Contract

139 Wayne Ave Paterson City, NJ 07502

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Key Details

Property Type Single Family Home

Listing Status Under Contract

Purchase Type For Sale

Square Footage 5,050 sqft

Price per Sqft $210

MLS Listing ID 4020666

Year Built 1940

Annual Tax Amount $36,208

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Strategic retail/investment opportunity in Paterson's highly active Totowa commercial corridor, immediately west of Downtown Paterson. This property consists of a 5,050 SF two-story retail building situated on a 50' x 101' lot, offered vacant at closing to provide immediate flexibility for owner users, investors, or purchasers interested in redevelopment. Currently operating as a supermarket, the property includes existing walk-in coolers/freezers and a functional retail layout well suited for grocery, specialty food, discount retail, medical, or other neighborhood serving commercial uses. Located in a densely populated residential trade area with strong pedestrian and vehicular traffic, the asset offers excellent visibility, established consumer demand, and durable long term retail fundamentals. Rare opportunity to acquire a vacant urban retail asset with owner user utility, lease up/investment upside, and future redevelopment potential in one of Paterson's most established neighborhood retail submarkets.

Location

State NJ

County Passaic

Zoning R3

Interior

Heating Gas-Natural, See Remarks

Cooling Central Air, See Remarks

Equipment See Remarks

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature See Remarks

Utilities Available Gas In Street, Gas-Natural

Roof Type See Remarks

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by TRIUMPH GROUP REAL ESTATE
Nearby Locations

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Rich Kim

Rich Kim

Agent License ID: 1649516

+1(551) 218-1800

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139 Wayne Ave