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Off market
  • $1,115,400

    66-68 Wayne Ave, Paterson, NJ 07522

    9beds
    6baths
    7,649sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $1,115,400 Zestimate®
    $146/sqft
    $2,542 Estimated rent

    Home value

    $1,115,400

    $1.00M - $1.24M

    $2,542/mo

    Zestimate® history
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    $2,542/mo

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    Rent Zestimate®

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    $8,135/mo

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    $8,135/mo

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    What's special

    Priced to SELL ! ! ! 6 units total. Four 3 bdrm units. 2 store front, One of the store fronts has been approved for residential conversion. Sale includes plans and zoning approvals from the City of Paterson. Potential for a 5 residential units and 1 commercial unit. All units have separate utilities and are in great condition, taxes have been appealed and are only $8700. Rent roll is approx $5800 per month. Not a short sale and can close quick. Building also comes with a Clear Green Card from the State of NJ. Wont last at this price ! ! ! ! ! ALMOST 14% CAP RATE ! ! ! !

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Interior area
    • Total interior livable area: 7,649 sqft

    Property

    Parking
    • Parking features: On-street
    Lot
    • Size: 5,000 Square Feet
    Details
    • Parcel number: 0801405000000036

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Community & HOA

    Location
    • Region: Paterson

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $423,900
    • Annual tax amount: $21,598

    Price history

    DateEventPrice
    4/6/2023Sold$990,000+178.9%$129/sqft
    Source: Public Record Report a problem
    1/30/2015Sold$355,000-11.2%$46/sqft
    Source: Public Record Report a problem
    11/12/2014Listed for sale$399,900+50.9%$52/sqft
    Source: RE/MAX Executive Group Report a problem
    12/17/2012Sold$265,000-33.6%$35/sqft
    Source: Public Record Report a problem
    4/12/2012Price change$399,000-6.1%$52/sqft
    Source: Leopizzi Real Estate Report a problem
    3/24/2012Listed for sale$425,000$56/sqft
    Source: Leopizzi Real Estate Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,598 +3.9%$423,900
    2024$20,784 +1.8%$423,900
    2023$20,419 +7.6%$423,900
    2022$18,974 $423,900
    2021$18,974 +12.5%$423,900
    2020$16,863 +6.3%$423,900 +3.9%
    2019$15,868 +9.6%$407,900 +11.2%
    2018$14,477 -4.2%$366,800 +5.4%
    2017$15,104 +5.6%$348,000 0%
    2016$14,300 +64.4%$348,100
    2015$8,700 $348,100
    Find assessor info on the county website

    Neighborhood: Totowa

    Nearby schools

    GreatSchools rating
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