Paterson NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Year built:
2000
Baths:
2.00
MLS#:
24034980

ADDITIONAL INFORMATION

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

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.11 Acres
Year built:
2000
Baths:
2.00
MLS#:
3931961

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
4.00
MLS#:
24033567

ADDITIONAL INFORMATION

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.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1940
Baths:
5.00
MLS#:
24027690

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Baths:
4.00
MLS#:
24020016

ADDITIONAL INFORMATION

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%.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
10
Lot size:
0.12 Acres
Baths:
4.00
MLS#:
3909266
Subdivision:
Riverside

ADDITIONAL INFORMATION

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%.

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of NJMLS. Real estate listings held by brokerage firms other than the owner of this site are marked 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. Some properties listing 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: {{last updated}}
Source: New Jersey Multiple Listing Service, INC.

©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in Purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



Paterson Real Estate

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.

Paterson Weather

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.

Paterson Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    22
    30-day change

Paterson Schools and Demographics

Education near Paterson, NJ

Metric City County
High School Graduates 76.96 85.02
College Degree - 2 year 3.89 5.08
College Degree - 4 year 12.51 29.85
Graduate Degree 1.87 7.23
Expenditures per Student 25,834 25,834
Students per Teacher 12.4 12.4

Elementary Schools near Paterson, NJ

School Grades Students P/T Ratio ZIP
Alexander Hamilton Academy KG - 08 560 14.7 07501
Community Charter School of Paterson KG - 07 810 13.2 07501
Paterson Arts and Science Charter School KG - 06 420 12.3 07514
School 1 PK - 05 312 9.9 07514
School 10 PK - 08 609 11.6 07524
School 15 PK - 05 771 12.3 07501
School 18 PK - 08 1,103 14.2 07524
School 2 KG - 08 602 12.4 07501
School 21 PK - 08 785 13.2 07514
School 26 KG - 08 611 14.9 07514

Middle Schools near Paterson, NJ

School Grades Students P/T Ratio ZIP
New Roberto Clemente 06 - 08 678 12.6 07501
School 11 (Newcomers) 04 - 08 219 13.3 07501
School 7 05 - 08 261 9.3 07501

High Schools near Paterson, NJ

School Grades Students P/T Ratio ZIP
International High School 09 - 12 550 10.8 07501
Rosa L. Parks School of Fine and Performing Arts 09 - 12 278 8.4 07514
School of Culinary Arts Hospitality and Tourism 09 - 12 690 11.3 07501
School of Government & Public Administration 09 - 12 685 10.4 07501
School of Information Technology 09 - 12 682 12.2 07501

Demographics near Paterson, NJ 07514

Metric Zip Code City
Neighborhood Type Inner City
Population 157,927 521,067
Population Density 18,772 2,801
Median Age 33.1 37.5
People per Household 3.1 2.9
Median Household Income 48,540 78,386
Average Income per Capita 21,064 35,723