Property
Paterson City, NJ 07522 123 Belmont Ave
$949,000
0 more
Presented By: CHRISTIE'S INT. REAL ESTATE GROUP; 862-684-5634
Beds • 9- Baths • 5
Beds • 9
Baths • 5Home Details
Excellent Investment Opportunity! Renovated 4-family property sitting on a rare double lot, offering tremendous potential and strong income-producing value. This well-maintained building features updated units, on-site parking, and plenty of outdoor space with room for future possibilities. Ideal for investors looking to expand their portfolio or a first-time home buyer seeking to live in one unit while generating rental income from the others. A solid, turnkey property with upside potential?don?t miss this opportunity!
Presented By: CHRISTIE'S INT. REAL ESTATE GROUP; 862-684-5634
Interior Features for 123 Belmont Ave
Bedrooms
Total Bedrooms9
Unit 1 Beds Total1
Unit 2 Beds Total3
Unit 3 Beds Total3
Unit 4 Beds Total2
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total2.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels2
Unit 4 Levels2
UnitType1TotalRent0
UnitType2TotalRent0
UnitType3TotalRent0
Unit 4 Fireplaces0
Unit 4 Appl/EquipSee Remarks
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementFinished
Fuel TypeElectric
Other Rooms
Unit 4 Rooms5
Unit 2 Rooms6
Unit 1 Rooms3
Unit 3 Rooms7
Unit 3 Room DescriptionBedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Unit 4 Room DescriptionBedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
General for 123 Belmont Ave
Architectural StyleFourplex
Cooling4+ Units
CountyPassaic
DirectionsBelmont Avenue
DriveBlacktop, Driveway-Exclusive
EasementUnknown
Full Baths5
Gross Income8275
Heating4+ Units, Baseboard - Hotwater
Net Operating Income6675
Number Of Units Total4
Open Parking Spaces7
Operating Expense1600
Possession0-30
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount10398
Tax Assessed Value204100
Tax Lot8
Tax Year2024
Total Rooms21
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Year Built1888
Exterior for 123 Belmont Ave
Exterior DescriptionVinyl Siding
Lot Dimensions50X115
Lot Size Acres0.13
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate