84 Jefferson St, Paterson City, NJ 07522
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84 Jefferson St Paterson City, NJ 07522

4,791 Sqft Lot


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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4030473

Year Built 1920

Annual Tax Amount $21,377

Tax Year 2025

Lot Size 4,791 Sqft

Property Description

Excellent 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 . 24 hours notice needed to arrange with the tenants for showings.

Location

State NJ

County Passaic

Zoning RES

Rooms

Basement Bilco-Style Door, Unfinished

Interior

Heating Gas-Natural

Cooling Central Air, Wall A/C Unit(s)

Equipment Fire Alarm, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Irregular Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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

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Your debt-to-income ratio is 36%
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84 Jefferson St