Paterson NJ Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1940
Baths:
3.00
MLS#:
24025708

ADDITIONAL INFORMATION

Welcome to this lovely two-family home in Paterson, offering convenience and comfort for both investors and homeowners alike. Boasting a total of 5 bedrooms and 2.5 bathrooms spread across two separate units, this property provides potential for rental income. Convenient location close to shopping, dining, and entertainment options, easy access to major highways for seamless commuting, nearby parks and recreational facilities for outdoor enjoyment. This property presents an excellent opportunity for investors seeking a steady rental income stream. With its convenient amenities and proximity to highways, this two-family home is sure to attract tenants seeking accessibility and comfort. Don't miss out on this incredible opportunity to own a piece of Paterson's vibrant community.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Baths:
3.00
MLS#:
3917846

ADDITIONAL INFORMATION

This two-family gem in Paterson offers unparalleled potential for generating income and building wealth. Nestled in one of New Jersey's fastest-growing towns, this home provides the ideal setup for those seeking cash-flowing opportunities and additional lucrative income stream. The property is fully vacant and waiting for its next owner!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1940
Baths:
3.00
MLS#:
24025387

ADDITIONAL INFORMATION

**WILL BE DELIVERED VACANT** Back on market as buyer could not perform. Your investment search ends here! This legal two-family home which was just recently fully renovated offers a 3 Bedrooms and a Full Bath in the 2nd floor unit, 1 Bedroom and 1 Full Bath in the 1st floor unit and a full finished basement, a full bath with a separate walkout! The second floor is currently occupied, first floor unit and basement are vacant, offering great potential for rental income. Property Highlights: - Legal two-family home- Full finished basement with separate walkout and FB- First floor and basement are vacant- Potential for rental income- Convenient location in Paterson, NJ. Situated in a desirable area of Paterson, NJ this property is close to amenities, transportation, and more!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1940
Baths:
3.00
MLS#:
24024659

ADDITIONAL INFORMATION

This large 3-Family home presents an incredible opportunity for both homeowners and investors. Boasting a total of 6 bedrooms and 3 bathrooms, this property offers ample space and versatility. The bedrooms are generously sized, offering comfort and privacy for all residents. Outside, you will find a parking lot plus 2 car garage. The home's convenient location provides easy access to a variety of nearby amenities. 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.

Type:
Multi-Family
Sq.Ft.:
4,000
Status:
Active
Beds:
9
Lot size:
0.06 Acres
Year built:
2024
Baths:
5.00
MLS#:
3916105

ADDITIONAL INFORMATION

Discover the potential of 172 N Main Street, Paterson. This recently renovated property offers a prime opportunity with 4 residential units available for lease, complemented by a versatile commercial space on the main floor. Each unit boasts brand new kitchens and bathrooms, ensuring modern comfort and style. This 4,000 square foot building features 14-foot ceilings. Situated near downtown Paterson and adjacent to a park. Ideal for investors seeking a promising venture, 172 N Main Street promises both immediate rental income and long-term appreciation.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1970
Baths:
3.00
MLS#:
24024424

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
9,999
Status:
Active
Beds:
4
Lot size:
0.06 Acres
Year built:
1940
Baths:
4.00
MLS#:
3916033

ADDITIONAL INFORMATION

Corner located mix use building with a Beauty Salon on the front of first floor and additional small apartment of 2 beds, 1 bath and kitchen on the back.One 3 bds, 2 baths, eating kitchen, kitchen, living room and pantry on the second floor. Building is in good condition, however to be sold AS IS condition, no repairs or credits will be granted. Inspection will be for buyer(s) informational purpose ONLY. Conventional and cash offers preferred. Seller needs to stay 30 days after the closing (paying rent) to pack up and rent an apartment or buy another house ( actively searching for) FHA financiable because the residential part of the property is larger than the coommercial part.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Year built:
1930
Baths:
4.00
MLS#:
3915813

ADDITIONAL INFORMATION

Ready for a new owner, this multi family offers 3 floors of living (legal 3 fam), first floor living room, dining room, 2 bedrooms, kitchen and bath. 2nd floor is a spacious apartment with 3 bedrooms, living room, kitchen and bath. This floor is a huge studio apartment. Finished basement and very nice yard.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Year built:
1950
Baths:
2.00
MLS#:
24023628

ADDITIONAL INFORMATION

OFF STREET PARKING! 3 CAR GARAGE! Large 2 Family offering 3 Bedrooms, Living Room, Dining Room, Kitchen, and full bath on the first floor. 2nd and 3rd Floor combined offers, 6 Bedrooms, Living Room, Dining Room, Kitchen, and Full Bath. Ample yard space, parking for 3 cars, and a 3 car garage! Hurry before it's gone!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.05 Acres
Year built:
1940
Baths:
2.00
MLS#:
3914416

ADDITIONAL INFORMATION

***BOM*** CALLING ALL INVESTORS!! Or why not live on floor and rent the other. 1st floor offers 4 bedrooms, eat in kitchen, living room and full bath. 2nd floor offers 3 bedrooms, LR, eat in kitchen. Separate utilities, low taxes. Tenants are mo.-to-mo. PROPERTY BEING SOLD IN AS-IS CONDITION.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Year built:
1900
Baths:
4.00
MLS#:
24022960

ADDITIONAL INFORMATION

Here it is....an opportunity to live rent free by collecting rents from this 4 family property. Updates includes front siding, exterior doors, roof (replaced two years ago), 2 hot water heaters and 2 boilers (heat). Big attic for a possible addition to second floor apartments to make extra bedrooms. Area is revitalization with new buildings and/or brand new houses within the vicinity.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.08 Acres
Year built:
1940
Baths:
2.00
MLS#:
3914097

ADDITIONAL INFORMATION

OFF STREET PARKING! 3 CAR GARAGE! Large 2 Family offering 3 Bedrooms, Living Room, Dining Room, Kitchen, and full bath on the first floor. 2nd and 3rd Floor combined offers, 6 Bedrooms, Living Room, Dining Room, Kitchen, and Full Bath. Ample yard space, parking for 3 cars, and a 3 car garage! Hurry before it's gone!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
8
Lot size:
0.09 Acres
Baths:
4.00
MLS#:
3913886

ADDITIONAL INFORMATION

Here it is....an opportunity to live rent free by collecting rents from this 4 family property. Updates includes front siding, exterior doors, roof (replaced two years ago), 2 hot water heaters and 2 boilers (heat). Big attic for a possible addition to second floor apartments to make extra bedrooms. Area is under revitalization with new buildings and/or brand new houses within the vicinity.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
9
Lot size:
0.06 Acres
Year built:
2022
Baths:
6.00
MLS#:
3913425

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2010
Baths:
MLS#:
24022399

ADDITIONAL INFORMATION

Welcome to 165 Barclay Street, a prime residential investment in Paterson, NJ! This expansive property features 42 units, zoned for residential use, offering substantial potential for investors. Each unit provides ample living space and includes an in-building laundry room for convenience. Ideally located near St. Joseph's Hospital and public transportation, this property ensures easy access to essential services and commuting options, making it highly attractive to residents. The outdoor space adds a pleasant area for recreation. Delivered vacant, the property offers a unique opportunity for new owners to customize according to their vision. Whether you choose to revitalize the existing units or maintain them as they are, this property is brimming with potential. Don't miss your chance to capitalize on this opportunity in the vibrant Paterson real estate market. Contact us today to schedule a viewing and explore the possibilities at 165 Barclay Street!

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%.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1900
Baths:
3.00
MLS#:
24018561

ADDITIONAL INFORMATION

Here's another one! This 3 unit will not disappoint with apartments fully renovated and a vacant unit on the 3rd level. New floors, kitchens, baths. Come check this one out

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
15
Lot size:
0.09 Acres
Year built:
1930
Baths:
3.00
MLS#:
3907107

ADDITIONAL INFORMATION

Huge three-family house, featuring 5 bedrooms on each floor, a living room, and a formal dining room. It is located by Downtown Paterson right off Route 19th, within walking distance to shopping centers. It has a driveway for approximately 5-6 cars, close to all major highways. In need of minor TLC. The basement has 2 storage rooms that can be also, rented for another $500 a month. This property is been sold "as is".Great investment. It is a money-making tool, producing over $7,0000 per month when fully rented(currently only the 2nd fl. is about to be vacant), and all apartments have separate utilities. Currently Passaic County Affordable Housing(Sec. 8) is paying up to $3200 for 5-bedroom apartments in the area, therefore your new rent roll will be $9600. The owner will cooperate with 3.5% seller concession if the offer is a full asking price.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
12
Lot size:
0.06 Acres
Year built:
2015
Baths:
4.00
MLS#:
3906626

ADDITIONAL INFORMATION

Huge 3 family house with 4 bedrooms in each floor. Separate utilities. Tenants are month to month. Perfect for first time home buyer to take advantage of the rental income. Very close to school, Great falls national park, shopping center and worship. AS IS SALE

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Baths:
2.00
MLS#:
24017205

ADDITIONAL INFORMATION

Don't miss out on this 2 unit house, renovated and vacant with parking. Now is the time to own in Paterson before it's too late! Very low taxes. Property in a flood zone.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.08 Acres
Baths:
2.00
MLS#:
3905207

ADDITIONAL INFORMATION

Don't miss out on this 2 unit house, renovated and vacant with parking. Now is the time to own in Paterson before it's too late! Very low taxes. Property in a flood zone.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.06 Acres
Baths:
2.00
MLS#:
3904881

ADDITIONAL INFORMATION

Here is your chance to own a multiunit in Paterson. This 2 family house features 3 bedrooms on the first floor and 3 bedrooms with 2 bonus rooms in the attic level for ample space. The house also comes with a one car garage. Come see this house today before it's gone!

Type:
Multi-Family
Sq.Ft.:
9,999
Status:
Active
Beds:
7
Lot size:
0.16 Acres
Year built:
1940
Baths:
5.00
MLS#:
3904475

ADDITIONAL INFORMATION

Great Opportunity! See before gone!! For Investors, buy this property with EMPTY lot and build new 2-Family. 53X125 existing lot, subdivision is in progress. Seller's will deliver/responsible to complete the subdivision process and get approval 2-Family with 3 parking space in the rear*

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.06 Acres
Baths:
2.00
MLS#:
3902059

ADDITIONAL INFORMATION

Don't miss out on this Amazing opportunity to expand your portfolio with this marvelous property!! This 2 Family house offers 5 spacious bedrooms and 2 bathrooms. House is priced to sell. Located in the heart of Paterson, within walking distance of Laundromats, grocery stores, and tons of restaurants. Unit 1 has an Eat-in-Kitchen, Living room, 2 bedroom, 1 bathroom & a bonus room. Unit 2 duplex is combined with the 3rd Floor - it has large Eat-in-Kitchen, Living room, 3 bedrooms, 1 bathroom & a bonus room. Each unit has it's own private access to the backyard. Conveniently located close to major highways (GSP, Rt 4, 80, 46 and 3). This hidden gem won't last on the market. Unit 2 duplex on the 2nd & 3rd floor is vacant.

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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 $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