Under Contract
Multifamily
80 Newark Ave
Paterson City, NJ 07503
Beds
7
$765,000
Don't miss the opportunity to own this well-maintained, income-producing multi-unit property located at 80 Newark Ave, Paterson, NJ 07513. Ideally situated near major highways, public transportation, shopping centers, restaurants, and local amenities, this property offers outstanding convenience.Renovated approximately 15 years ago, the property has been consistently cared for and offers… Read More spacious layouts in each unit featuring hardwood floors, granite countertops, wood cabinetry, and central air conditioning features that help attract and retain long-term occupants. The thoughtfully designed floor plans provide comfortable and functional living spaces, making this an excellent option for rental income or owner occupancy.The finished basement significantly enhances the usable square footage and includes a sitting/recreation room, full bathroom, and laundry area, offering flexible use such as recreation space, home office, or additional storage.Outdoor living truly sets this property apart. The fully fenced yard with a durable metal fence, mature landscaping, and vibrant flowers creates a private retreat ideal for entertaining or quiet relaxation.This property presents a strong investment opportunity with low maintenance, modern systems, and desirable amenities. A rare chance to own a move-in ready multi-family property in a convenient Paterson location. Read Less
Courtesy of EXIT GOLDEN REALTY GROUP LLC.
Listing Snapshot
Days Online
58
Last Updated
Property Type
Other
Beds
7
Lot Size
0.06 Acres
Year Built
1940
MLS Number
4010668
30 Days Snapshot Of 07503
$360k
0%
(avg) sold price
0
-100%
homes sold
104
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1940
Cooling
Window A/C(s)
Exterior Features
Vinyl Siding
Garage
None
Water Features
Public Water
Heating
Electric, Gas-Natural, Forced Hot Air
Lot
Approximate Lot Size: 25X100, 0.06 acres, Corner
Parking
1 parking space, 1 Car Width
Property
3 units, FHA Age Restricted: No
Roof
Composition Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $18,005, Tax Rate: 5.095
Unit One
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Range/Oven - Gas
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Range/Oven - Gas
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Range/Oven - Gas
Utilities
Electric, Gas-Natural
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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