Paterson NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
2010
Baths:
5.00
MLS#:
24033504

ADDITIONAL INFORMATION

Welcome to 225 Summer St, a modern investment opportunity in the heart of Paterson! Built in 2018, this property features two spacious units, perfect for generating steady rental income.Unit 1 is a duplex with 3 bedrooms, 2.5 bathrooms, and a thoughtful layout that balances comfort and privacy. Unit 2 offers 975 sq. ft. of living space, with 3 bedrooms and 2 bathrooms ideal for various tenant needs. Both units are currently occupied by long-term tenants, generating a robust monthly rental income of $5,000.This property also boasts valuable features, including solar panels for energy savings and an attached garage, providing secure parking and additional convenience. Whether you're an investor or looking to own an income-generating property, 225 Summer St is an excellent choice. Don't miss the opportunity to make this high-yielding, low-maintenance property your own!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Baths:
3.00
MLS#:
24033461

ADDITIONAL INFORMATION

Open house will be held 10/20/2024 from 1PM to 5PM

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
1 Acres
Year built:
1960
Baths:
3.00
MLS#:
3929776

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1900
Baths:
2.00
MLS#:
24033085

ADDITIONAL INFORMATION

Great house! Come see this well maintained multi unit house in a good location. Front apartment is like its own single family house with washer & dryer hook. Two car garage in a good location. Don't miss out on this one!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1900
Baths:
2.00
MLS#:
3929125

ADDITIONAL INFORMATION

Great house! Come see this well maintained multi unit house in a good location. Front apartment is like its own single family house with washer & dryer hook. Two car garage in a good location. Don't miss out on this one!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.07 Acres
Year built:
1950
Baths:
3.00
MLS#:
3928591

ADDITIONAL INFORMATION

Huge Price Drop! Cash Flow Alert! All units vacant! This fully renovated 3-family home, just steps from the iconic Great Falls, is a true income-generating powerhouse. With brand-new everything roof, high efficiency HVAC, luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 1 bed, 1 bath, and an estimated rent of $1,500/month. The second-floor unit features 3 beds, 1 bath, and is anticipated to rent for $2,400/month. The third/fourth-floor duplex boasts 4 beds, 1 bath, commanding $2,700/month.Total Pro Forma Rent: $6,600/month!Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. Don't wait this gem won't last long!Check out Rent Roll Proforma Photo. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.06 Acres
Year built:
1940
Baths:
4.00
MLS#:
3927992

ADDITIONAL INFORMATION

Welcome to this beautifully maintained multi-family property, perfect for investors or homeowners looking for additional rental income! Nestled in a prime location of paterson, this home offers for each unit generous living spaces, with 2 bedrooms and 1 bathroom. The fully finished basement adds significant value, featuring an additional family room with a bathroom, and ample storage. Don't miss the opportunity to own this exceptional home! schedule a showing today and explore the possibilities that await you!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1940
Baths:
4.00
MLS#:
24032018

ADDITIONAL INFORMATION

ESTATE SALE UPDATED 3 FAMILY ON 50X100 LOT OFF STREET PARKING NICE YARD. FIRST FLOOR UNIT HAS 3 BEDROOMS, 2 BATHS DECK OFF REAR.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.06 Acres
Year built:
1940
Baths:
3.00
MLS#:
3927502

ADDITIONAL INFORMATION

Excellent opportunity to finally own a good multi-unit property. Great location quiet street off the main road close to highway, transportation and stores. Sold AS IS. No credits or repairs will be done. New roof installed within last 3 yrs! Bonus attic space plus a finished basement with full bath. Low taxes, you won't find many homes like this one! $5198 taxes for 2023. Make your offer today! One unit will be vacant at closing!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1970
Baths:
3.00
MLS#:
24031747

ADDITIONAL INFORMATION

Two family on an up and coming street. one outside parking space for each tenant.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2020
Baths:
MLS#:
24031538

ADDITIONAL INFORMATION

Welcome to your next investment gem: a turnkey 6-unit building built in 2020, fully leased at top-end rents! Each modern 1-bedroom, 1-bathroom unit features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, independent HVAC systems, tankless instant hot water systems, all controlled by tenants, Enjoy the efficiency of Anderson 400 casement crank windows, double insulated walls for sound proofing and enhanced security with a full camera system throughout the property. The building also includes a sprinkler system and split air systems in the hallways for added comfort. The original owner over improved this property with extremely high-quality construction, this property offers a unique opportunity for passive income. Don't miss your chance to add this exceptionally upgraded treasure to your portfolio!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1940
Baths:
3.00
MLS#:
24031478

ADDITIONAL INFORMATION

Completely Vacant. Waiting for you to own. Two family house waiting to be your next investment or live in and collect rent! Hardwood floors and great natural lighting. 2 Car Garage with parking for up to 3-4 cars. Basement has a half bath. Basement and attic can be finished for extra space and income. Nice fenced in yard for grilling. Ready to sell - Don't miss out on this one! Oil tank will be removed prior to closing.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.5 Acres
Year built:
1897
Baths:
4.00
MLS#:
3926652

ADDITIONAL INFORMATION

This 4-family property offers great potential, featuring four separate units, each with three bedrooms, one full bathroom, a kitchen, and a living room. Each unit has its own electric and gas utilities, ensuring individual control. Located near shopping, schools, and public transportation, this property offers an excellent opportunity for investors or those looking for multi-family living in a convenient area. A versatile property with plenty of possibilities.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
1893
Baths:
3.00
MLS#:
3926650

ADDITIONAL INFORMATION

This spacious two-family home presents an excellent opportunity for investment or multi-family living. The first unit offers a well-designed layout with a living room, kitchen, two bedrooms, and a full bathroom, providing a cozy living space. The second unit features a larger layout with a living room, kitchen, four bedrooms, and a full bathroom, offering plenty of room for comfortable living. The property is equipped with separate electric and gas utilities, ensuring convenience for both units. Situated near local amenities, parks, and public transportation, this property is ideal for those seeking a home in a well-connected community.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
1940
Baths:
3.00
MLS#:
3926530

ADDITIONAL INFORMATION

Completely Vacant. Waiting for you to own. Two family house waiting to be your next investment or live in and collect rent! Hardwood floors and great natural lighting. 2 Car Garage with parking for up to 3-4 cars. Basement has a half bath. Basement and attic can be finished for extra space and income. Nice fenced in yard for grilling. Ready to sell - Don't miss out on this one! Oil tank will be removed prior to closing.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.11 Acres
Baths:
4.00
MLS#:
3926518

ADDITIONAL INFORMATION

Great investment opportunity! Huge 4 family house located in Paterson. Fully rented with all separate utilities.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1950
Baths:
MLS#:
24031244

ADDITIONAL INFORMATION

Amazing opportunity in the heart of downtown Paterson - 8-bedrooms and 6-full baths. (1x) 3-bedroom, (4x) 1-bedrooms & 1 studio apartment with off street parking. A true value add investment opportunity. Under market value rents grossing $92,454 with separate utilities yielding a 8.14% cap rate. All tenants are in good standing with leases in place. There is also a large basement with plenty of storage.

Type:
Multi-Family
Sq.Ft.:
1,810
Status:
Active
Beds:
4
Lot size:
0.06 Acres
Baths:
2.00
MLS#:
22428106
Subdivision:
Dakota Park

ADDITIONAL INFORMATION

Don't miss this fantastic multi-family investment opportunity! This 2 bedroom over 2 bedroom rental property offers endless potential for the savvy investor or homeowner looking for additional income. With some updating, you can unlock its full value and transform it into a lucrative rental or comfortable living space. Each unit features a spacious layout, making it an ideal canvas for modern renovations. whether you're looking to expand your investment portfolio or create a dual-living arrangement, this property is a must-see. Sieze the opportunity to add value and reap the rewards - schedule a viewing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.06 Acres
Year built:
1940
Baths:
3.00
MLS#:
3925742

ADDITIONAL INFORMATION

Don't miss this excellent opportunity to either live in and collect rent or invest in a solid legal three-family home. Each unit boasts three bedrooms, separate utilities, and there's a fenced-in yard. Tenants are currently on month to month lease. Conveniently located near shopping, transportation, and a hospital, this property is great for both homeowners and investors alike.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Year built:
1950
Baths:
3.00
MLS#:
3925666

ADDITIONAL INFORMATION

YOUR SEARCH ENDS HERE! Welcome to this versatile two-family home, perfect for both investors and owner-occupants! Each unit offers 3 generously sized bedrooms, 1 full bath, and comfortable living spaces. Both units have eat-in kitchens and living room. The fully refinished attic serves as a bonus recreational area with an additional full bathroom, adding extra flexibility and room for entertainment. The basement, while currently unfinished, offers potential for storage or future customization. Situated in a desirable neighborhood, this property is a great opportunity to own a spacious, adaptable home with room to grow!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1900
Baths:
3.00
MLS#:
24030781

ADDITIONAL INFORMATION

Good investment property in Paterson, flexible floor plan. Second floor access to attic with two rooms and a bath.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Baths:
3.00
MLS#:
24030739

ADDITIONAL INFORMATION

LOCATION! Fantasitc opportunity for value add multi-family property in one of the most popular South Paterson neighborhoods! Two family plus attic provides excellent cash flow potential. First and second floor identical, 3 bedrooms 1 bath living room, kitchen. Walk up attic with bathroom. Right off Main Street, schedule your appointment today! No FHA or Conv mortgage. CASH ONLY. Needs total rehab

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.11 Acres
Year built:
1940
Baths:
3.00
MLS#:
3925561

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Baths:
3.00
MLS#:
24030713

ADDITIONAL INFORMATION

Welcome to this LEGAL 3 family well-maintained house that has the capability to bring in money to your pockets monthly ! The first and second floor have 3 bedrooms and 1 bath ( both units are spacious) for comfort living. The 3rd unit has 2 bedrooms, living/kitchen open concept and 1 bathroom. Do not let go of this opportunity of owning this property.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
5,301.25 Acres
Year built:
1900
Baths:
3.00
MLS#:
3925121

ADDITIONAL INFORMATION

This spacious and well-maintained two-family home offers an excellent opportunity for both investors and owner-occupants. The first-floor unit features 2 bedrooms, 1 full bath, a living room, and a kitchen with laundry hookups. The second-floor unit includes 4 bedrooms, 2 full baths, open living room, and a modern kitchen with laundry hookups. With generous living spaces and separate utilities and central heat, this property is perfect for rental income or multi-generational living. Good neighborhood, close to schools, shopping, and public transportation.

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

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is 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. Copyright 2024 Monmouth County MLS




Paterson Real Estate

The median home value in Paterson, NJ is $405,000. 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 $405,000. 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.

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

    $405,000
    10.8% change since last quarter
  • # Active listings

    207
    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
Charles J Riley School 9 KG - 08 1,244 13 07503
Community Charter School of Paterson KG - 07 810 13.2 07501
Dale Avenue PK - 02 375 12.5 07501
Dr. Martin Luther King Jr. Educational Complex KG - 08 788 11.4 07513
Edward W Kilpatrick PK - 04 395 13.2 07501
John P. Holland Charter School KG - 08 199 13.3 07501
Norman S Weir KG - 08 312 10.8 07505
Paterson Arts and Science Charter School KG - 06 420 12.3 07514
Rev. Dr. Frank Napier Jr. School 01 - 08 497 11.6 07522
Roberto Clemente KG - 04 344 15.6 07501
School 1 PK - 05 312 9.9 07514
School 10 PK - 08 609 11.6 07524
School 12 KG - 08 527 12.6 07522
School 13 KG - 08 556 14.8 07504
School 14 KG - 04 228 13.4 07522
School 15 PK - 05 771 12.3 07501
School 18 PK - 08 1,103 14.2 07524
School 19 PK - 04 564 15.2 07502
School 2 KG - 08 602 12.4 07501
School 20 KG - 08 461 11.2 07504
School 21 PK - 08 785 13.2 07514
School 24 PK - 08 891 15.4 07513
School 25 KG - 08 710 16.1 07503
School 26 KG - 08 611 14.9 07514
School 27 KG - 07 812 13.5 07502
School 28 PK - 08 525 11.4 07522
School 29 KG - 04 280 12.4 07501
School 3 KG - 08 414 11.3 07501
School 5 KG - 06 832 12.8 07502
School 6/Academy of Performing Arts PK - 08 474 10.5 07501
School 8 KG - 08 603 14.4 07503
Urban Leadership Academy KG - 04 156 12 07522

Middle Schools near Paterson, NJ

School Grades Students P/T Ratio ZIP
Don Bosco Academy 06 - 08 592 15.2 07502
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 Architecture and Construction Trades 09 - 12 529 8.7 07502
School of Buisiness Technology 09 - 12 583 10.8 07502
School of Culinary Arts Hospitality and Tourism 09 - 12 690 11.3 07501
School of Earth and Space Science 09 - 12 191 6.8 07505
School of Education and Training 09 - 12 543 10.7 07502
School of Government & Public Administration 09 - 12 685 10.4 07501
School of Health Science 09 - 12 276 8.6 07505
School of Information Technology 09 - 12 682 12.2 07501
School of Science Technology ENGG & Maths 09 - 12 599 13.6 07502

Ungraded Schools near Paterson, NJ

School Grades Students P/T Ratio ZIP
Paterson Charter School for Science/Technology KG - 12 1,046 14.7 07503
Youth Engaged in Success 06 - 12 266 4.4 07505

Demographics near Paterson, NJ

Metric City County
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