331 Market St

Paterson, NJ 07501

$639,000
Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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a front view of a building with parking space and parking space
a front view of a building with street
a front view of retail shops
a view of a water with building and car parked
a backyard of a house with lots of green space
front view of a house with a small yard
a kitchen with stainless steel appliances granite countertop a refrigerator stove and sink
a kitchen with stainless steel appliances granite countertop a refrigerator and a stove
a view of a livingroom with a chandelier
an empty room with a workbench
a view of an empty room
a view of an empty room
a view of an empty room
a bathroom with a toilet and a shower
a living room with furniture and a window
a bedroom with a bed and a window
a living room with furniture and a flat screen tv
a living room with furniture and a window
a bedroom with a bed and a chandelier
a bedroom with a bed closet and a mirror
a bathroom with a sink toilet and shower
a dining room with a chandelier
a kitchen with a table chairs a sink dishwasher stove and cabinets
a room with storage and utility
a view of a workspace

Description

Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms could be rented for $1,700, while the second features 4 bedrooms is currently rented for $2,700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner. Located in a high-demand area with strong rental market, this property is ideal for investors seeking...Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms could be rented for $1,700, while the second features 4 bedrooms is currently rented for $2,700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner. Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.
  1. Listed by Bishoy Megalla • Keller Williams Team Realty
    P: (973)-234-2307 bishoyteamrealty@gmail.com

Property Details for 331 Market Street

Style
2 Family
Sub style
Mixedflr
LISTING UPDATED: 03/30/2026 12:43 PM

Property Details for 331 Market Street

StatusActive - Active
MLS #26006659
Days on Market91
Taxes$11,917 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS Type2-4 Family
Year Built-
Lot Size-
CountyPassaic County
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Location

Listing Courtesy of Keller Williams Team Realty, Bishoy Megalla
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$4,177 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,184

Property Taxes

$993

HOA Dues

$0

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Property Information for 331 Market Street

Summary
Location and General Information
  • Area name: Paterson
  • Flood plain: None
  • Street Name: Market
  • County Name: PASSAIC
  • Status: Active
  • Street Number Numeric: 331
  • Zip Code: 07501
Taxes and HOA Information
  • Other Charges: True
  • Tax: $11,917
Property
Lot Information
  • Year Built: 1900-1939, Build Prior to 1978
Property and Assessments
  • Photo Number: 25
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Bedrooms: 6
  • Baths full: 2
  • Baths partial: 1
  • Basement Description: Unfinshed
  • Number of rooms: 9
  • Full Baths Total: 3
  • Num of Baths: 2.1
Agent
Sale and Listing Information
  • Management Phone: (973) 234-2307
  • Search Class: 2to4, 2-4 Family
  • List Price: $639,000.00
  • Listing Date: 03-02-2026
  • Status Date: 03-29-2026
Showing Information
  • Internet Remarks: Versatile mixed-use property featuring two residential apartments and a commercial storefront. The first apartment offers 2 bedrooms could be rented for $1,700, while the second features 4 bedrooms is currently rented for $2,700, both providing excellent rental income potential. In addition, the ground-floor commercial store is can be rented for $3000, ensuring immediate cash flow for the new owner.Located in a high-demand area with strong rental market, this property is ideal for investors seeking steady income and long-term value. Conveniently situated near shopping, dining, transportation, and major highways.

Property History for 331 Market Street

DateEvent & SourcePriceAppreciation
Mar 30, 2026

Price Change

NJMLS #26006659

$639,000—
Mar 1, 2026

Listed (Active)

NJMLS #26006659

$650,000—
Feb 24, 2026

Temporarily Off Market

NJMLS #25042468

—
DateEvent & SourcePrice
03/30/2026

Price Change

NJMLS #26006659

$639,000
03/01/2026

Listed (Active)

NJMLS #26006659

$650,000
02/24/2026

Temporarily Off Market

NJMLS #25042468

—

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

Public Records for 331 Market Street

Taxable ValueLand$66,400Additions$167,500Total$233,900
Tax Record2024$11,917 ($993 / month)
Home Facts
Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtStories2Lot Size3,240 SqFtStyleMiscellaneous CommercialZoningB-3CountyPASSAICAPN08 04321-0000-00024

Schools near 331 Market Street

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Dale Avenue Elementary School
Public - PK to 2
Edward W. Kilpatrick Elementary School
Public - PK to 3
School 15
Public - PK to 5
Alexander Hamilton Academy
Public - K 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

Alexander Hamilton Academy
PublicK 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.

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More information about 331 Market Street, Paterson, NJ 07501

331 Market Street is a multi-family home for sale in Paterson, NJ 07501. This property was listed for sale on March 2, 2026 by Keller Williams Team Realty, it's currently listed at $639,000. It has been on the market for a total of 91 days and was last sold on May 13, 2024. 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. 331 Market Street is a 6-bed, 3-bath, multi-family home.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Team Realty, Bishoy Megalla

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: 06/01/2026 08:16 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 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: 06/01/2026 08:16 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.