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$1,061,000
139 Wayne Avenue, Paterson, NJ, 07502
MLS# 26012865
Commercial — Retail
Property Type
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.
Tax & Financial Information
| Annual Property Taxes | $36,208 |
| Listed | April 14, 2026 |
Listing Information
Listing Office: Triumph Group Real Estate, LLC — 201-482-6900
Listing Agent: Mohamed Eisa — 201-889-4494 — eisa@triumphbrokerage.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 7/30/2026.
Total Monthly Cost
$9,849/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $212,200 | Loan: $848,800
Estimates for informational purposes only. Insurance, maintenance, and flood costs are approximations. Consult a lender and insurance agent for accurate quotes.
Commute From This Home
Paterson
Main Line
Paterson Station
~0.5 mi from town center
Commute times are peak-hour estimates based on NJ Transit schedules and typical traffic. Actual times may vary. Drive times assume weekday morning rush hour.
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Information deemed reliable but not guaranteed. Last date updated: 10/27/2026.
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