$2,250,000

81 Berkshire Ave Paterson, NJ 07502

Hillcrest Neighborhood

Estimated payment $14,383/month

Total Views 107
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Portfolio offering: 81–85 Berkshire Ave, Paterson—three adjacent mixed-use buildings sold together. The property combines two ground-floor commercial storefronts with seven apartments above (one-, two- and three-bedroom layouts), delivering diversified income in a neighborhood setting near shopping, bus lines, and major roadways. Buildings are currently occupied with staggered lease expirations, supporting near-term stability. Operations are efficient with primarily tenant-paid utilities; ownership provides cold water. Off-street parking is available via assigned spaces and on-site driveways. Attractive value-add upside exists over time through mark-to-market as leases roll, retail optimization, and potential conversion from 1 commercial unit to a residential . A compelling North Jersey infill asset for long-term hold or 1031 exchange.

Listing Agent

Andres Ospina

Real Listed on: 10/28/2025

Real

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $31,272

Home Design

  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$31,272

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: 855-450-0442
  • MLS Status: Active - Active
  • Directions: Union Ave to Berkshire Ave
  • Year Built Details: Pre 1900,Build Prior to 1978
  • PropertySubTypeAdditional: Ofc/Apt
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt

Lot Info

  • Lot: 8

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 For Sale $2,250,000 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 25038305

New Jersey MLS
New Jersey Passaic County Paterson 07502 Hillcrest

81 Berkshire Ave, Paterson, NJ

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Andres Ospina
Listing Agent
Andres Ospina
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Real
(862) 640-2860