224 Union Ave
Paterson City, NJ 07502
Price: $1,199,999
GSMLS: 3993502Type: Multi-Family
Style: 2-Two Story
Total Units: 3
Beds: 7
Baths: 4 Full & 1 Half
Garage: No
Year Built: 1960
Acres: 0.06
Property Tax: $13,776
Description
This Is A Great Business Opportunity In The Heart Of Paterson, A Convenience Store And Fully Operational In A High-visibility, High-traffic Location At 224 Union Ave Next To A School. This Is A Mixed Used Property With A Storefront,it Has Two Units On The Second Floor (one Apt With Two Bedrooms And One With 1 Bedroom). It Also Has 4 Rooms In The Basement. The Property Was Fully Renovated Two Years Ago.the Sale Includes A Store,fixtures, Inventory And The Building Including Two Apartments. This Business Generates Good Income,a Turnkey Opportunity For Entrepreneurs Or Investors Looking To Expand, A Great Chance For Improvement.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Finished, Full
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25 X 102
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
2
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Family Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Cast Iron, Baseboard - Electric
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
All Underground, Gas In Street, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$1,199,999
Tax Amount:
$13,776
Land Assessment:
$73,700
Build. Assessment:
$196,700
Total Assessment:
$270,400
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3993502
List Date:
10-20-2025
Days On Market:
2
Listing Broker:
REALTY ONE GROUP LEGEND
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
