Investor alert " huge income-producing 3-family located on the Eastside of Paterson featuring high ceilings throughout. Unit 1 offers 3 bedrooms, living room, kitchen, and full bath (vacant). Unit 2 features 4 bedrooms, living room, kitchen, and full bath (vacant). Unit 3 includes 4 bedrooms, living room, kitchen, and full bath (currently month-to-month). The property also offers a partially finished basement with a full bathroom and 3 bonus rooms. Utilities are fully separate with 3 boilers and 4 meters. Conveniently located near NJ Transit trains and direct NYC bus routes with easy access to major highways including I-80, Route 19, and Garden State Parkway ideal for commuters. Whether you're a first-time buyer looking to live in one unit while generating income from the others, or an investor seeking strong cash flow, this is a great opportunity. Sold as-is.
103 days
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Zillow last checked:
Listing updated:
Listed by:
Alicia Alarcon973-920-0005,
Keller Williams Team Realty,
Amiya Aaliyah Alarcon
Source: GSMLS,MLS#: 4018267
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 4
Full bathrooms: 4
Heating
3 Units, Baseboard - Electric, Electric, Natural Gas
Cooling
Window Unit(s)
Features
Bedrooms, Kitchen, Living/Dining Room
Basement: Yes,Partially Finished,Full
Has fireplace: No
Interior area
Total structure area: 3,692
Total interior livable area: 3,692 sqft
Property
Parking
Parking features: None, On Street, See Remarks
Features
Levels: 3-Three Story
Stories: 3
Patio & porch: Porch
Lot
Size: 2,613 Square Feet
Dimensions: 24 x 100
Details
Parcel number: 2508043200000000070000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding
Roof: Flat,Rubber
Condition
Year built: 1700
Major remodel year: 2024
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
Region: Paterson
Financial & listing details
Price per square foot: $227/sqft
Tax assessed value: $723,800
Annual tax amount: $14,217
Date on market: 4/8/2026
Total actual rent: 2700
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
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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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