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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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


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

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Lindsey Martinelli

Lindsey Martinelli

+1(908) 375-6755

Agent | License ID: 2191581

Agent License ID: 2191581

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84-88 Jefferson St