Property

Paterson City, NJ 07501 19 Market St.

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Presented By: JK REALTY; 973-472-7000
  • MLS# 3926097
  • 09/25/2024
  • Request Tour
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Home Details

More images to come: Located in the Great Falls Historical District, discover a remarkable investment opportunity in the renowned Great Falls Historical District. This property offers a total of 14 units, perfectly blending modern comfort with a touch of historical charm. Unit Composition: 10 units with 2 bedrooms and 2 bathrooms,4 units with 3 bedrooms (2 units with 2bathrooms, and 2 units with 2.5 bathrooms) Open floor plans, granite countertops Stainless steel appliances. Building Details: Brick elevator building. Parking Options: Some units with garaged parking, others with outdoor parking. The property is strategically located close to major highways including Route 80, Route 19, Route 46, and the Parkway, making it incredibly accessible. Just 13 miles from NYC, this location is perfect for tenants who commute to the city.Great investment potential with its prime location and desirable amenities. Don't miss out call today for more details! Pictures are prior to tenant moving in the unit.***Please note this is a 20 unit condo complex and we are selling 14 units the 6 are individually owned***
Presented By: JK REALTY; 973-472-7000

Interior Features for 19 Market St.

Bedrooms

Num 4 Bed Units

Bathrooms

Num Units w/Full Bath14
Num Units w/Half Bath2
Half Baths

Other Interior Features

Floor Load0
Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units4
Num 2 Bdrm Units10
Num 1 Bdrm Units
FlooringCarpeting, Laminate, See Remarks, Wood
Fuel TypeGas-Natural
Total Stories3

General for 19 Market St.

Cap Rate6.00
ConstructionBrick/Block
CoolingCentral Air
CountyPassaic
DirectionsMc Bride to Spruce to Market, Rt 19 to Grand to Spruce St.
Documents AvailableIncome & Expenses, See Remarks
DriveAssigned, Blacktop, Off-Street Parking
EasementUnknown
Equipment AvailableAppliances, Handicapped Access, Intercom, Passenger Elevator(s), Smoke Detector, Sprinkler System
Farm AssessmentNo
Gross Income343836
HeatingForced Hot Air
Leasable Area
LocationFreestanding
Net Operating Income201022
Num Apts14
Number Of Units Total14
Number of Amps
Operating Expense155914
OwnershipCondominium
PossessionPOT
Property TypeCondo Complex
Property TypeCondo Complex
RoofFlat
ServicesCable TV
SewerAssociation
Standard StatusActive
StatusActive
Subdivision NameGreat Falls Historical Dist
Tax Annual Amount70000
Tax Assessed Value0
Tax Lot10
Tax Year2023
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural, See Remarks
Utilities Paid ByTenant
Year Built2006
ZoningResidential

Exterior for 19 Market St.

Building Area Total
Exterior DescriptionBrick/Block
Lot DimensionsCommon
Lot Size Acres0.00
Max Ceiling Height14
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $3,500,000
MLS#3926097
List Date 09/25/2024
Property Type Commercial
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