Property

Paterson City, NJ 07524

 Paterson City, NJ - Image 1 Paterson City, NJ - Image 2 Paterson City, NJ - Image 3
3 more
 Paterson City, NJ - Image 4 Paterson City, NJ - Image 5 Paterson City, NJ - Image 6 Paterson City, NJ - Image 7
Presented By: PROMISE LAND REALTY; 973-253-7330
  • MLS# 3957165
  • 04/16/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 5
  • SQFT • 9,999
  • Garage • 5

Home Details

Investors' dream! This building of 5 apartments is fully occupied. Located in the heart of Paterson, close to everything. Rents are under market value due to long-term tenants with no leases and willing to negotiate with a new owner. The seller needs to stay a couple of months after the closing, paying a reasonable rent, until buying or renting a new place. U&O agreement has to be accepted. DCA (Green card) actualized, no inspection due yet. To be sold strictly AS IS condition, with no known issues, the seller will not do any repairs, and if an inspection is requested, it will be ONLY for informational purposes. The huge double garage on Butler St side belongs to the property. Don't wait to check it out; it won't last on the Market.
Presented By: PROMISE LAND REALTY; 973-253-7330

Interior Features for

Bedrooms

Num 4 Bed Units4

Bathrooms

Num Units w/Full Bath5
Num Units w/Half Bath
Half Baths5

Other Interior Features

Price Per Sq Ft0.00
Available Sq Ft9999
Num 3 Bdrm Units3
Num 2 Bdrm Units2
Num 1 Bdrm Units1
BasementFinished, Full
FlooringCarpeting, Laminate, Wood
Fuel TypeElectric, Gas-Natural
Total Stories3

General for

ConstructionWood
CoolingWall A/C Unit(s)
CountyPassaic
Documents AvailableNo Documents Available
Drive2 Car Width
EasementUnknown
Equipment AvailableAppliances, Fire Alarm, Smoke Detector
Farm AssessmentNo
Garage Spaces5
Heating4+ Units
Leasable Area
LocationCorner
Num Apts5
Number Of Units Total5
OwnershipFee Simple
Permitted UseApartments building
Possession30-60 days
Property TypeApartment Complex
Property TypeApartment Complex
RoofAsphalt Shingle
ServicesCable TV Available, Fiber Optic
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14775
Tax Assessed Value290000
Tax Year2024
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built9999
Zoningresidential

Exterior for

Building Area Total9999
Exterior DescriptionVinyl Siding
Lot Dimensions51X100
Lot Size Acres0.12
Max Ceiling Height6
Max Door Height6
Number of Bays0
Number of Docks0
Number of Doors0
Total Parking5
Water SourcePublic Water

Additional Details

Price History

Jenniffer Bravo Llerena

Associate
Price $899,000
MLS#3957165
List Date 04/16/2025
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to

Get Pre-approved