Property
Paterson City, NJ 07522 92 Belmont Ave
$849,999
16 more
Presented By: REAL; 862-213-9780
SQFT • 3,696
Home Details
This exceptional property features four residential apartments and one commercial unit, An amazing opportunity to cash flow and build your portfolio. The residential units provide steady rental income, while the commercial space offers flexibility for a variety of business uses. Whether you're looking to expand your portfolio or make a strategic investment, this mixed-use property combines stability with growth potential. Both buildings are included in the corner with the same deed. Come check it out for yourself.
Presented By: REAL; 862-213-9780
Interior Features for 92 Belmont Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath4
Num Units w/Half Bath1
Half Baths
Other Interior Features
Price Per Sq Ft229.98
Available Sq Ft3696
Num 3 Bdrm Units2
Num 2 Bdrm Units1
Num 1 Bdrm Units1
BasementUnfinished
Fuel TypeGas-Natural
Total Stories3
General for 92 Belmont Ave
Cap Rate3.30
ConstructionWood
CoolingWall A/C Unit(s)
CountyPassaic
DirectionsComing from Broadway make a turn into Belmont Ave and the property will be at your right after a few blocks.
Documents AvailableNo Documents Available, See Remarks
DriveNone
EasementNo
Equipment AvailableFire Alarm, Smoke Detector
Farm AssessmentNo
Garage Spaces
Gross Income121800
HeatingBaseboard - Hotwater, See Remarks
Leasable Area1000
Lease Information5 Or More Years
LocationCorner, See Remarks
Maintenance Expense
Net Operating Income28200
Num Apts5
Number Of Units Total5
Operating Expense93600
OwnerPaysMaintenance-Common Area, Sewer
OwnershipFee Simple
PossessionAt Closing
Property TypeMixed Use
Property TypeMixedUse
RoofAsphalt Shingle, Flat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount15723
Tax Assessed Value308600
Tax Lot13
Tax Year2024
Tenant PaysElectric, Gas, Heat
Town #2508
TownshipPaterson City
UtilitiesGas-Natural
Utilities Paid ByTenant
Year Built1900
Zoningcommercial
Exterior for 92 Belmont Ave
Building Area Total3696
Exterior DescriptionSee Remarks, Vinyl Siding
Lot Dimensions50X68
Lot Size Acres0.08
Max Ceiling Height10
Max Door Height9
Number of Bays0
Number of Docks0
Total Parking0
Water SourcePublic Water
Additional Details
Price History
Aneesa Pinheiro
Associate