Property

Paterson City, NJ 07522 131 N 3Rd St # 3

Presented By: GOYBURU REALTY, LLC; 973-530-4056
  • MLS# 3978412
  • 07/30/2025
  • Request Tour
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  • Beds • 7
  • Baths • 3
  • Garage • 1

Home Details

Excellent opportunity!! This fully renovated 3-family home, minutes away from the iconic Great Falls, is a true income-generating powerhouse. luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 1 bed, 1 bath, The second-floor unit features 2 beds, 1 bath, and the third-floor boasts 4 beds, 1 bath, commanding close to $7,000.00/month.Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage. This property also has a driveway and 1 car garage.
Presented By: GOYBURU REALTY, LLC; 973-530-4056

Interior Features for 131 N 3Rd St # 3

Bedrooms

Total Bedrooms7
Unit 1 Beds Total1
Unit 2 Beds Total2
Unit 3 Beds Total4

Bathrooms

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

Other Interior Features

Unit 1 Sq Ft650
Unit 2 Sq Ft850
Unit 3 Sq Ft1250
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels2
UnitType1TotalRent2000
UnitType2TotalRent1050
UnitType3TotalRent3208
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms3
Unit 3 Rooms6
Unit 3 Room DescriptionAttic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room

General for 131 N 3Rd St # 3

Architectural Style3-Three Story
Building #1
CoolingWall A/C Unit(s)
CountyPassaic
DirectionsBetween N 2nd & N 3rd
Drive2 Car Width, See Remarks
EasementNo
Full Baths3
Gross Income75096
Heating3 Units
Net Operating Income70096
Number Of Units Total3
Open Parking Spaces
Operating Expense5000
PossessionImmediately
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount560
Tax Assessed Value11000
Tax Lot23
Tax Year2024
Total Rooms14
Town #2508
TownshipPaterson City
Unit Number3
UtilitiesGas-Natural
Year Built1978

Exterior for 131 N 3Rd St # 3

Exterior DescriptionAluminum Siding
Lot Dimensions34X100
Lot Size Acres0.08
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $650,000
MLS#3978412
List Date 07/30/2025
Property Type Multi-Family
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