Welcome to 488 E 18th St in Paterson, NJ! This large 3-Family home presents an incredible opportunity for both homeowners and investors. Boasting a total of 7 bedrooms and 3 bathrooms, this property is on a corner lot and offers ample space and versatility. The bedrooms are generously sized, offering comfort and privacy for all residents. Outside, you will find a driveway in the rear of the home and a backyard that can be used for relaxation and entertaining. The home's convenient location provides easy access to a variety of nearby amenities, ensuring a lifestyle of convenience and comfort. The property is located 2 miles from St. Joseph's hospital. This multi-family home is an excellent investment opportunity, offering the potential for rental income or a multi-generational living arrangement. Whether you're looking to expand your investment portfolio or searching for a spacious home, this property is a must-see. Don't miss out on the chance to own this remarkable multi-family home in a desirable location.
Fantastic 3 Family. Perfect for first time home buyers or investors. excellent cash flow, make this property a smart investment. Enjoy this 3 family home. Perfect for investors or multi-generational living! Walk to downtown with plenty of shopping, parks, places of worship. Walk to train station. Easy commute to NYC.
FIRST TIME HOME BUYERS WELLCOME. EXCELLENT INCOME PROPERTY FOR INVESTOR. GD SIZE THREE BEDROOMS AND TWO FULL BATHROOMS IN EACH FLOOR. GROUND FLOOR WITH FULL BATHROOM AND LARGE ROOM. BACKYARD. INDOOR PARKING IN GROUND FLOOR. TENANTS PAY THEIR OWN WATER, HEAT AND HOT WATER.
4 unit dwelling priced to sell.
The median home value in Paterson, NJ is $365,000. This is lower than the county median home value of $447,000. The national median home value is $338,100. The average price of homes sold in Paterson, NJ is $365,000. Approximately 24.68% of Paterson homes are owned, compared to 69.35% rented, while 5.97% are vacant. Paterson real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Paterson real estate agent to arrange a tour today!
Paterson, New Jersey has a population of 157,927. Paterson is less family-centric than the surrounding county with 27.19% of the households containing married families with children. The county average for households married with children is 29.96%.
The median household income in Paterson, New Jersey is $48,540. The median household income for the surrounding county is $78,386 compared to the national median of $69,021. The median age of people living in Paterson is 33.1 years.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 48.9 inches per year, with 25.1 inches of snow per year.