Excellent opportunity to purchase a 2 family in a highly desirable section of Paterson. Fully rented with HUGE upside potential. Large back yard. 3 bedrooms on first floor, 2 bedrooms on second floor.
Here's your opportunity to own a 2 family House on a double lot.The 1st floor offers 2 Bedrooms and 1 Bathroom, 2nd Floor unit offers 2 Bedrooms and 1 Full Bathroom. Also included is a full , unfinished basement, new boiler installed 2024. Additionally, the home benefits from a convenient location, offering easy access to rt. 80, 3, 46 & GSPWY, 15 min from GW bridge. Tons of local amenities, restaurants and transportation options, including close proximity to Paterson Great Falls National Historical Park and Garret Mountain Reservation. This multi-family property presents a fantastic opportunity for both investors and owner-occupants alike. Whether you're looking to expand your real estate portfolio or seeking a spacious residence with income potential.
LOCATION, LOCATION, LOCATION....AMAZING INVESTMENT OR OWNER OCCUPANT OPPORTUNITY. TWO LEGAL HOUSES IN ONE LOT WITH HUGE PARCKING SPACE,OFFERING FOUR APARTMENTS. ONE PROPERTY IT'S, TWO UNITS WITH THREE BEDROOMS, ONE BATHROOM, DINING ROOM, AND FINISHED ATTIC. SECOND PROPERTY IT'S, TWO UNIT WITH TWO BEDROOMS, ONE BATHROOM, EIK. CLOSE TO ALL MAJOR HIGHWAYS,DOWNTOWN,RESTAURANTS,MALLS,SCHOOLS,PARKS,HOUSES OF WORSHIP AND CONVENIENCE STORES, COUPLE BLOCK AWAY FROM ST. JOSEPH'S HOSPITAL. YOUR SEARCH ENDS HERE. (PROPERTY BEING SOLD "ASIS ")
The median home value in Paterson, NJ is $391,600. 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 $391,600. 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 07503 has a population of 157,927. Paterson 07503 is less family-centric than the surrounding county with 25.76% 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 07503 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 07503 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.