Attention Investors and Owner Occupants! Discover this beautifully updated 2-family property, a true gem that promises both comfort and opportunity. Each unit offers 3 spacious bedrooms, 1 full bathroom, and an inviting open kitchen concept designed for modern living. The first-floor unit is vacant and ready to move in, complete with a fully finished basement with separate entrance, perfect for added space and functionality. The second unit is also renovated, tenant-occupied, and features the same layout as the first unit. Ample space for owner occupant or a fantastic investment opportunity. With over five parking spaces and a convenient driveway, this home is as practical as it is appealing. A rare find " don't miss out on this fantastic opportunity! PROPERTY IS BEING SOLD IN AS-IS CONDITION. Please send your offers by Tuesday 12 pm, seller will be reviewing offers that afternoon. Thank you all
Attention Investors and Owner Occupants! Discover this beautifully updated 2-family property, a true gem that promises both comfort and opportunity. Each unit offers 3 spacious bedrooms, 1 full bathroom, and an inviting open kitchen concept designed for modern living. The first-floor unit is vacant and ready to move in, complete with a fully finished basement with separate entrance, perfect for added space and functionality. The second unit is also renovated, tenant-occupied, and features the same layout as the first unit. Ample space for owner occupant or a fantastic investment opportunity. With over five parking spaces and a convenient driveway, this home is as practical as it is appealing. A rare find " don't miss out on this fantastic opportunity! PROPERTY IS BEING SOLD IN AS-IS CONDITION.
Nothing like a brand new Home. Welcome to this Brand New 2 Family house in a tranquil part of paterson. on the first floor you will find a 2 car garage and a huge family room, ideal for extra income opportunity. on the second floor you will find a modern and an open concept living room, dining room and kitchen, 3 bedroom and 2 bathroom, you will be amazed by the master bedroom with walk-in closet and master bathroom. on the 3rd floor you will find a modern and an open concept living room, dining room and kitchen. 3 bedroom and 2 bathroom you will be amazed by the master bedroom with walk-in closet and master bathroom. this property comes with a 10 year home warranty and a 5 year tax abatement. this one would not last.
The doors have opened up to great opportunity! This sizable 3 family offers, in addition to the 3 units, a BONUS studio unit in the rear part of of the house totaling 7 bedrooms and 5 bathrooms. The basement is partly finished and the property comes with an over-sized detached garage.
This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,500.00 for all the units. THE CAP RATE IS CLOSE TO 11%.
This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.
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 07514 has a population of 157,927. Paterson 07514 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 07514 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 07514 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.