Active

$675,000

85 Berkshire Ave, Paterson City, NJ 07502

4beds

--sqft

$5,031/mo

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Multi Family

Built in ----

-- sqft lot

$688,800 Zestimate^®

$--/sqft

$-- HOA

What's special

On site parkingSemi attached building

85 Berkshire Avenue presents a turnkey three unit residential asset in Paterson. This semi attached building offers four on site parking spaces. All three apartments are renovated and fully rented with stabilized in place income. Operations are streamlined with separate utilities; an above ground oil tank provides heat to Apartments 2 and 3, and those two tenants share the fuel cost. Common owner expenses are modest and on site parking supports durable performance. The property is near the Totowa border and close to shopping, bus lines, and major roadways. A low maintenance, separately metered asset for investors seeking steady cash flow.

204 days

173

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

See Remarks, Oil Tank Above Ground - Inside

Cooling

Central Air

Appliances

Included: Range/Oven - Gas, Refrigerator

Features

Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Eat-In Kitchen
Basement: None
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Total spaces: 4
Parking features: Off Street, None
Uncovered spaces: 4

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 6,969 Square Feet
Dimensions: 71 x 100

Details

Parcel number: 2508016100000000080000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Roof: Asphalt Shingle

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, See Remarks

Community & HOA

Location

Region: Paterson

Financial & listing details

Tax assessed value: $204,600
Annual tax amount: $10,424
Date on market: 1/8/2026
Total actual rent: 6025
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

$688,800

$654,000 - $723,000

$2,758/mo

Price history

Date	Event	Price
2/10/2026	Price change	$675,000-3.4%
Source: HCMLS #260000139 Report a problem
1/8/2026	Listed for sale	$699,000
Source: HCMLS #260000139 Report a problem
1/8/2026	Listing removed	$699,000
Source: NJMLS #25038305 Report a problem
1/7/2026	Price change	$699,000-68.9%
Source: NJMLS #25038305 Report a problem
10/29/2025	Listed for sale	$2,250,000
Source: NJMLS #25038305 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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