INVESTOR / RENOVATION OPPORTUNITY! Spacious approx. 3,773 sq. ft. multi-family property offering significant value-add potential in Paterson. Property is currently configured with four living areas: 1st floor front offers 1 bedroom, kitchen, living/dining room and full bath; 1st floor rear offers 3 bedrooms, kitchen, living/dining room and full bath; 2nd floor offers 4 bedrooms, kitchen, living/dining room and full bath; 3rd floor offers 3 bedrooms, kitchen, living/dining room and full bath. Finished basement includes an additional full bath. Property has 4 separate electric meters, 4 separate gas meters and 4 mailboxes; owner pays water. Property experienced a fire originating in one bedroom with additional resulting damage and requires repairs/renovation. Sold strictly AS IS; seller will make no repairs. Buyer responsible for all due diligence, inspections, certifications and verification of permitted/legal use and unit configuration. Cash or renovation financing only. Excellent opportunity for an experienced investor, contractor or buyer with the vision to restore and reposition this substantial property.
10 days
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380
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13
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Zillow last checked:
Listing updated:
Listed by:
Ruth M. Wehrman973-477-4327,
Bhgre Green Team
Source: GSMLS,MLS#: 4046537
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 5
Full bathrooms: 5
Heating
4+ Units, Baseboard - Hotwater, Natural Gas
Cooling
1 Unit, Central Air, Wall Unit(s)
Features
Bedrooms, Kitchen, Living/Dining Room
Basement: Yes,Finished,Full
Has fireplace: No
Interior area
Total structure area: 3,773
Total interior livable area: 3,773 sqft
Property
Parking
Parking features: Off Street, None
Features
Levels: 3-Three Story
Stories: 3
Fencing: Metal Fence
Lot
Size: 3,049 Square Feet
Dimensions: 25 x 130
Features: Level
Details
Parcel number: 2508043200000000200000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Roof: Composition Shingle
Condition
Year built: 1700
Major remodel year: 2021
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected, Cable Available, Garbage Included
Community & HOA
Community
Security: Fire Extinguisher, Smoke Detector
Location
Region: Paterson
Financial & listing details
Price per square foot: $158/sqft
Tax assessed value: $671,100
Annual tax amount: $16,026
Date on market: 8/21/2026
Exclusions: None
Total actual rent: 39996
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas