Property
Paterson City, NJ 07504 523 Park Ave
$499,000
Pending
5 more
Presented By: INTEGRATED PROPERTY GROUP LLC; 973-753-1313
Beds • 10
Full/Half Baths • 2 / 1
Home Details
Bankruptcy. Ground floor retail with two oversized apartments on the 2nd and 3rd floors. Mostly rehabbed, needs systems (furnace, water heaters, etc). List price is the reserve. The sale for this and other properties is taking place on March 19th at the Wyndham Garden Totowa, featuring seven (7) 2-4 multi-family and mixed-use properties in Paterson and Hawthorne, NJ. Includes both income-producing and non-income-producing properties, ideal for investors looking for existing income, and/or fix and flips. Unique opportunity. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. Download executive summary for detailed information.In re: Chapter 11 Bankruptcy Case No.: 23-17272 (SLM), WHAIRHOUSE LIMITED LIABILITY COMPANY, IN THE UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY.
Presented By: INTEGRATED PROPERTY GROUP LLC; 973-753-1313
Interior Features for 523 Park Ave
Bedrooms
Total Bedrooms10
Unit 1 Beds Total0
Unit 2 Beds Total5
Unit 3 Beds Total5
Bathrooms
Half Baths1
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementBilco-Style Door
Fuel TypeGas-Natural, See Remarks
Other Rooms
Unit 2 Rooms7
Unit 1 Rooms0
Unit 3 Rooms7
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Family Room
Unit 1 Room DescriptionSee Remarks
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Family Room
General for 523 Park Ave
Architectural Style3-Three Story
CoolingSee Remarks
CountyPassaic
DirectionsCorner of Vreeland and Park Avenue
DriveOn-Street Parking
EasementUnknown
Full Baths2
Gross Income
HeatingSee Remarks
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
Possessionat closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount4748
Tax Assessed Value93200
Tax Lot10
Tax Year2024
Total Rooms14
Town #2508
TownshipPaterson City
UtilitiesGas-Natural
Year Built0
Exterior for 523 Park Ave
Exterior DescriptionVinyl Siding
Lot Dimensions25X71
Lot Size Acres0.04
Water SourcePublic Water
Additional Details
Price History
Jenniffer Bravo Llerena
Associate