Property

Paterson City, NJ 07514 581 E 18th St

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Presented By: NORTHEAST REALTY & MANAGEMENT LLC; 5512081848
  • MLS# 3950434
  • 03/12/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3

Home Details

Discover the rebuilt mixed-use property with zoning B-2. This building features three fully occupied units and underwent extensive renovations in 2022, including a new roof, new masonry, and a finished basement. It boasts 3 gas meters, 4 electric meters, and 2 water meters, ensuring seamless utility management. The ground floor houses a smoke shop, while the second floor offers a 3-bedroom apartment. The third floor features a cozy 2-bedroom apartment. Located just three blocks from the Broadway Express Bus to Midtown NYC, this property offers unparalleled convenience for commuters. Don't miss out on this exceptional investment opportunity in a prime location.
Presented By: NORTHEAST REALTY & MANAGEMENT LLC; 5512081848

Interior Features for 581 E 18th St

Bedrooms

Total Bedrooms5
Unit 1 Beds Total1
Unit 2 Beds Total3
Unit 3 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1000
Unit 2 Sq Ft950
Unit 3 Sq Ft800
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent2100
UnitType2TotalRent2000
UnitType3TotalRent1650
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCookGas, FireAlrm, RgOvGas, SeeRem
Unit 2 Appl/EquipCookGas, FireAlrm, Microwav, RgOvGas, Refrig
Unit 3 Appl/EquipCookGas, FireAlrm, Microwav, RgOvGas, Refrig
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms2
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room, See Remarks, Storage
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, See Remarks

General for 581 E 18th St

Architectural Style3-Three Story
CoolingWall A/C Unit(s)
CountyPassaic
DirectionsHamilton Ave turn to 18th St
DriveOn-Street Parking
EasementNo
Full Baths3
Gross Income69000
HeatingBaseboard - Hotwater
Net Operating Income60500
Number Of Units Total3
Open Parking Spaces5
Operating Expense8500
Possession0-30
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6251
Tax Assessed Value122700
Tax Lot26
Tax Year2024
Total Rooms11
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1963
ZoningB-2

Exterior for 581 E 18th St

Exterior DescriptionBrick
Lot Dimensions25X102
Lot Size Acres0.06
Water SourcePublic Water

Additional Details

Price History

Ebonie Clerier

Associate
Price $669,990
MLS#3950434
List Date 03/12/2025
Property Type Multi-Family
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