Welcome to an exceptional investment opportunity in the heart of Paterson's thriving business district! This mixed-use property comprises two buildings at 37-39 and 41 Mill St, complemented by an additional lot at 7 Elm St. Currently, the property boasts a lucrative Day Care facility at 37-41 Mill St, generating a monthly rental income of $6000. The residential units include a spacious 3-bedroom, 1.5-bath apartment at $1360, two 2-bedroom units at 41 Mill St priced at $1110 and $1500, and a 2-bedroom unit on the third floor at $1050. All units feature separate utilities, with tenants responsible for water, heat, and electricity. The owner covers sewer payments, excluding the Day Care facility, which manages its own expenses. The sale includes the lot at 7 Elm St, utilized by the Day Care. Apartments are on a month-to-month basis, except for the Day Care, this property offers a stable income stream. According to the seller, the Day Care contributes to a portion of tax increases. Seize this golden opportunity for a sound investment with promising returns!
This meticulously maintained 2-Family presents an exceptional chance to own a home in Paterson's desired area of Garret Mountain section! Each unit features high ceilings and a comfortable living space, boasting 2 bedrooms and 1 bath each. Laundry hook-up for each unit. 2 Car tandem attached garage. Whether you're interested in generating rental income or enjoying living in the property, don't miss out on this chance to become both an owner-occupant and/or investor. Act now before this opportunity slips away! Property being sold as-is. No credit or repair request will be addressed. Home being sold with 1st floor tenants. Don't miss out on this rare chance.
Tastefully renovated 1 bedroom 1 bathroom 4th floor condo located in the updated Silk Mill. Comfortably greet your guests into the entry foyer. The entry foyer leads into the open concept main living area featuring gleaming hardwood floors, freshly painted walls and new light fixtures. The living room offers a comfortable space to invite relaxation and intimate conversations. The living room flows into the dining room offering an ideal space to enjoy a quiet meal at home or to entertain for any occasion. The living room dining room combo flow seamlessly into the fully renovated kitchen boasting custom countertops, granite countertops, stylish backsplash and stainless steel appliances. Down the hall from the main living area discover the spacious primary bedroom offering a large walk in closet. The unit offers forced hot air and central air. Montgomery Village development offers additional amenities include exercise room, event space and gated parking. Pets are welcome!
Welcome to the highly desirable Garret Heights community! This pet-friendly, first-floor condo is a true gem, featuring 2 spacious bedrooms and 2 full bathrooms. The bright and airy living space includes a welcoming living room with a cozy wood-burning fireplace, a dedicated dining area, and a well-appointed kitchen with brand-new appliances, including a dishwasher. The master suite is a serene retreat with two closets and an en-suite bathroom offering a double sink vanity, a relaxing soaking tub, and a separate shower. Enjoy the convenience of in-unit laundry and step outside to your private patio, perfect for morning coffee or evening relaxation. With abundant natural light and a recent, beautiful renovation, this move-in-ready condo is ready to be called home.
Tastefully renovated 1 bedroom 1 bathroom 4th floor condo located in the updated Silk Mill which has been reimagined as a condo complex while keeping its original charm. Comfortably greet your guests into the entry foyer. The entry foyer leads into the open concept main living area featuring gleaming hardwood floors, freshly painted walls and new light fixtures. The living room offers a comfortable space to invite relaxation and intimate conversations. The living room flows into the dining room offering an ideal space to enjoy a quiet meal at home or to entertain for any occasion. The living room dining room combo flow seamlessly into the fully renovated kitchen boasting custom countertops, granite countertops, stylish backsplash and stainless steel appliances. Down the hall from the main living area discover the spacious primary bedroom offering a large walk in closet. The unit offers forced hot air and central air. The Montgomery Village development offers additional amenities including community/ event space, exercise room and gated off street parking. Pets are welcome! This unit is conveniently located near NYC transportation, shopping and dining. Don't miss the opportunity to stop renting and embrace the comfort and affordability of owning your own home in this charming condo!
Welcome to 224 Hamilton Ave in Paterson! This spacious single-family home is an ideal opportunity for both first-time buyers, seasoned buyers and investors looking to bring their vision to life. Nestled in the heart of Paterson, this residence features 6 generously sized bedrooms and 2 full bathrooms, along with a large dining room, offering an excellent blend of comfort and convenience. Recent updates include a newer water heater and furnace, updates in kitchen and both full baths, enhancing its appeal. With low taxes and abundant potential, this home is a fantastic starter option. Schedule your showing today and seize this opportunity before it's gone!*Home qualifies for a first-time buyer discounted rate & down payment program.*
HUGE RECENTLY REMODELED! 2 family with high ceilings and tons of space, an additional lot to build on or enjoy an urban oasis. Recently remodeled two family minutes from NYC transit and all major highways. WON'T LAST! First Unit has 3 beds and 1 bath with large eat in kitchen. Second Unit has 6 bedrooms and 3 baths with month to month tenants. Large back and side yard with privacy fence makes this your personal resort just minutes from New York City. Welcome home!
Large two family build in 2007. The 1st floor offers 3BD, LR/DR, eat-in kitchen. Two full bathrooms. The 3rd Bedroom with a full bathroom is in the rear of ground fl. The second floor offers 3BD and a full bathroom, Lr/Dr. The Ground floor offers a laundry room and a large room with a Bathroom. Spacious apartment with plenty of closets. Separate utilities forced air heating systems. Close to schools, transportation, and nearly major highways. First floor Tenant is active looking for an apartment.
Bring your imagination and final touches to this cute 3 bedroom 1 bathroom cape. Great starter home. Fenced in front and backyard. Conveniently located to public transit, main highways and only 20 minutes from New York city!
Income Opportunity in Paterson! Live in One Unit, Rent Out the Other!Maximize your investment with this 2-family property in one of NJ's fastest-growing towns. Perfect for home buyers and investors alike! The property is fully vacant and waiting for its next owner!
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.
Newly renovated, this charming home offers a blend of modern updates and classic comfort. The first floor features a spacious living room, an eat-in kitchen, two bedrooms, and a full bathroom. Upstairs, you'll find an additional two bedrooms and another full bathroom, providing ample space for various living arrangements. The property boasts a spacious backyard, perfect for entertaining, and has a full, unfinished basement for storage or future customization. Its convenient location provides easy access to local amenities, ensuring you have everything you need within reach. With its modern renovations and functional layout, this home is perfect for those seeking a fresh start in a vibrant community.
Great Investment Opportunity with Double Lot! Don't miss this large 2 family home offering 3 bedrooms with 1 bath in each floor. Finished attic and Finished basement! Great size Backyard! Close to public transportation, Route 80 and the great Paterson falls!
Welcome to this exceptional two-family home that offers comfort, convenience, and ample living space. Perfectly situated near highways and down town Paterson for your shopping needs. First floor features living rm/dining rm, kitchen, three bedrooms and 2 full bathroom, walk-in closets and laundry area. Second floor features living rm/dining rm, two bedrooms, one bath and walk-in closets. The property also has a build-in garage and a nice size yard. Don't miss the opportunity to own a property that combines modern living with unparalleled convenience.
Great Investment Opportunity! Don't miss this large 2 family home offering a 1 bedroom apartment on the first floor and a 5 bedroom on the 2nd floor! Good size yard and 2 car garage! Convenient to transportation and highways, come see it today!
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!
***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.
Great Investment Opportunity! Don't miss this large 2 family home offering a 1 bedroom apartment on the first floor and a 5 bedroom on the 2nd floor! Good size yard and 2 car garage! Convenient to transportation and highways, come see it today!
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.
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!
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.
The median home value in Paterson, NJ is $242,400. This is lower than the county median home value of $343,200. The national median home value is $219,700. The average price of homes sold in Paterson, NJ is $242,400. Approximately 23.82% of Paterson homes are owned, compared to 64.9% rented, while 11.28% 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 07501 has a population of 147,890. Paterson 07501 is less family-centric than the surrounding county with 25.38% of the households containing married families with children. The county average for households married with children is 31.2%.
The median household income in Paterson, New Jersey 07501 is $36,106. The median household income for the surrounding county is $63,339 compared to the national median of $57,652. The median age of people living in Paterson 07501 is 33.1 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 48.4 inches per year, with 25.2 inches of snow per year.