Property
Paterson City, NJ 07502 262 Union Ave
$680,000
Pending
9 more
Presented By: LIFESTYLE INTERNATIONAL REALTY; 862-388-5256
Beds • 7- Baths • 4
- Garage • 2
Beds • 7
Baths • 4
Garage • 2Home Details
Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio.
Presented By: LIFESTYLE INTERNATIONAL REALTY; 862-388-5256
Interior Features for 262 Union Ave
Bedrooms
Total Bedrooms7
Unit 1 Beds Total1
Unit 2 Beds Total4
Unit 3 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft2400
Unit 2 Sq Ft2400
Unit 3 Sq Ft800
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent1600
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/EquipCookGas, SeeRem
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms6
Unit 1 Rooms5
Unit 3 Rooms2
Unit 3 Room DescriptionAttic, Bedrooms, See Remarks
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks, Storage
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room, See Remarks
General for 262 Union Ave
Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyPassaic
Directionson Union Blvd
Drive2 Car Width
EasementUnknown
Elementary SchoolNUMBER 19
Full Baths4
GarageDetached Garage
Garage Spaces2
Gross Income
HeatingBaseboard - Electric
Net Operating Income
Number Of Units Total3
Open Parking Spaces2
Operating Expense0
PossessionTBD
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount12462
Tax Assessed Value244600
Tax Lot1
Tax Year2024
Total Rooms16
Town #2508
TownshipPaterson City
UtilitiesElectric
Year Built1997
Exterior for 262 Union Ave
Exterior DescriptionAluminum Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
Number 19 Elementary School
Brian Lee
Associate