491 21st Ave

Paterson, NJ 07513

$925,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood. The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building...Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood. The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia
  1. Listed by Omar Fernandez • EXP Realty, LLC
    P: (973)-968-9497 [email protected]

Property Details for 491 21st Avenue

Sub style
Ofc/Apt
LISTING UPDATED: 04/29/2025 01:06 PM

Property Details for 491 21st Avenue

StatusActive - Active
MLS #25013942
Days on Market47
Rental Incentives-
Available Date-
Lease Term-
Furnished-
Compass TypeMixed Use
MLS Type5+ Mixed Use
Year Built-
Lot Size-
CountyPassaic County

Listing Agent

Omar Fernandez

Omar Fernandez

EXP Realty, LLC

[email protected]

P: (973)-968-9497

Contact Agent(s)

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Location

Listing Courtesy of EXP Realty, LLC, Omar Fernandez
Add your commute

Property Information for 491 21st Avenue

Summary
Location and General Information
  • Area name: Paterson
  • Street Name: 21st
  • County Name: PASSAIC
  • Status: Active
  • Street Number Numeric: 491
  • Zip Code: 07513
Taxes and HOA Information
  • Other Charges: True
  • Tax: $19,500
Property
Lot Information
  • Year Built: 1940's, Build Prior to 1978
  • Propertype ro: Munincipal Water, Sewer
Property and Assessments
  • Photo Number: 19
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Asphalt
Agent
Sale and Listing Information
  • Management Phone: 973-968-9497
  • Search Class: MIX, 5+ Mixed Use
  • List Price: $925,000.00
  • Listing Date: 04-28-2025
  • Status Date: 04-28-2025
Showing Information
  • Internet Remarks: Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residentia
Rental
Rental Information
  • Owner pays: Common Area

Property History for 491 21st Avenue

DateEvent & SourcePriceAppreciation
Apr 29, 2025

Listed (Active)

NJMLS #25013942

$925,000
DateEvent & SourcePrice
04/29/2025

Listed (Active)

NJMLS #25013942

$925,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 491 21st Avenue

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

School 24
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

491 21st Avenue is available for rent in Paterson, NJ 07513. This property was listed on April 29, 2025 by EXP Realty, LLC, it's currently listed at $925,000. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 491 21st Avenue is a 0-bed, 0-bath, a property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the owner. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty, LLC, Omar Fernandez

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 06/16/2025 05:10 AM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 06/16/2025 05:10 AM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.

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