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$250,000
88 Main Street, Paterson, NJ, 07505
MLS# 26032396
0.025 acres (1,105 sqft)
Lot Size
Commercial — Retail
Property Type
Description
Exceptional redevelopment opportunity in the heart of downtown. This three story brick commercial building offers approximately 2,509 square feet of space on a 13' x 85' footprint, plus a full basement. The street level was formerly occupied by a salon, while the upper floors offer tremendous potential for office, retail, studio, mixed use, or residential conversion (subject to municipal approvals). Positioned on a busy downtown corridor with outstanding visibility and located immediately next to a city parking lot with more than 100 public parking spaces, this property is ideal for investors, developers, or owner occupants looking to transform a well located building with historic character.
Tax & Financial Information
| Annual Property Taxes | $11,464 (NJ Public Records) |
| Tax Assessment | $225,000 |
| Land Assessment | $54,200 |
| Listed | August 26, 2026 |
Listing Information
Listing Office: Realty One Group Legend, Clifton — 973-772-0660
Listing Agent: Johnny Rodriguez — (973) 390-7319 — jrodriguez@roglegend.com
Information deemed reliable but not guaranteed. Data provided for consumer's personal, non-commercial use only. Last updated: 8/27/2026.
Total Monthly Cost
$2,565/mo
NJ has the highest property taxes in the US. This is your real cost.
Down: $50,000 | Loan: $200,000
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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Brokerage: Better Homes and Gardens Real Estate Green Team — 293 Route 94, Vernon, NJ 07462
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