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For sale
  • Price cut: $199.5K (9/2)
    $999,500

    169 Godwin Avenue, Paterson, NJ 07501

    12beds
    --sqft
    : 
    $7,712/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio. Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow. Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.
    59 days
    138
    17

    Zillow last checked:

    Listing updated:

    Listed by:

    Maikol Puebla 201-710-0598,

    Coldwell Banker, Ridgewood

    Source: NJMLS,MLS#: 26028525MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 4
      • Full bathrooms: 4
      Appliances
      • Laundry: In Unit

      Property

      Parking
      • Total spaces: 6

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Utilities & green energy

      • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

      Community & HOA

      Location
      • Region: Paterson

      Financial & listing details

      • Annual tax amount: $17,882
      • Date on market: 7/29/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/2/2026Price change$999,500-16.6%
        Source: NJMLS #26028525 Report a problem
        7/29/2026Listed for sale$1,199,000
        Source: NJMLS #26028525 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wrigley Park

        Getting around

        86 / 100
        Very Walkable
        56 / 100
        Good Transit

        Nearby schools

        GreatSchools rating

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