84-88 Jefferson St, Paterson City, NJ 07522
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$ 999,999
Est. payment | /mo

15 Beds

6 Baths

4,791 Sqft Lot


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$ 999,999
Est. payment | /mo
Save

15 Beds

6 Baths

4,791 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4030472

Style See Remarks

Bedrooms 15

Full Baths 6

Year Built 1920

Annual Tax Amount $21,377

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

xcellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All long term tenants.

Location

State NJ

County Passaic

Rooms

Basement Bilco-Style Door

Interior

Interior Features Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Wood Floors

Heating Gas-Natural

Cooling Central Air, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stone, Vinyl Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner, Irregular Lot

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS CITY VIEWS REALTY

Nearby Locations

Lisa Turek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 825-6470

lturek@njlre.com

830 Morris Turnpike Suite 487 Short Hills NJ 07078

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84-88 Jefferson St