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231 Market St 9,200 SF 100% Leased Office Building Paterson, NJ 07505 $3,500,000 ($380.43/SF)

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INVESTMENT HIGHLIGHTS

  • Full stabilized mixed-use property
  • Low maintenance and steady cash flow
  • Turnkey income producer, ideal for 1031 Exchange investors

EXECUTIVE SUMMARY

Exceptional turnkey property offering stable and predictable income — perfect for 1031 exchange investors. This low-maintenance asset delivers consistent cash flow with minimal operational oversight, making it an ideal choice for both seasoned and passive investors alike.

ATTACHMENTS

231 Market St

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,200 SF
Building Class
C
Year Built
1900
Price
$3,500,000
Price Per SF
$380.43
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,300 SF
Building FAR
2.64
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
B-4
Walk Score®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-04405-0000-00021
Land Assessment
$104,100
Improvements Assessment
$495,900
Total Assessment
$600,000
  • Listing ID: 38217536

  • Date on Market: 10/25/2025

  • Last Updated:

  • Address: 231 Market St, Paterson, NJ 07505

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