MLS# : 25026123
Welcome to your dream home in the Riverside Section of Paterson! This massive and stylishly renovated 4-family is a dream come true for homeowners or investors. Spanning over 4,900+ square feet of modern living space, this legal 4-family home has been fully renovated from top to bottom with contemporary finishes, brand-new appliances, and all new utilities making it 100% move-in ready and low maintenance for years to come. Each unit offers spacious layouts with sleek kitchens, designer bathrooms, and updated flooring throughout, perfect for tenants seeking both comfort and style. With a projected cap rate of approximately 9.65%, this property presents a rare opportunity for high rental income in one of Paterson's most sought-after neighborhoods. Other key features include a new roof, new siding, and a private parking lot that fits 3 to 4 cars a major bonus in the area. Whether you're an investor looking to expand your portfolio or a homeowner ready to live in one unit and rent the others, this property delivers on every level. Don't miss out on this exceptional Riverside gem!
This listing is a courtesy of Keller Williams Prosperity Realty
973-696-0077 office, listing agent David E. Arteaga
Homes : | $229,000 - 799,000 | 21 |
Condos : | $189,000 - 305,000 | 6 |
Co-ops : | $165,000 - 165,000 | 1 |
Twnhs : | $399,000 - 399,000 | 1 |
2-4 Fam : | $399,900 - 979,999 | 62 |
5+ Fam : | $889,000 - 999,999 | 3 |
Land : | $60,000 - 870,000 | 6 |
Rentals : | $1,500 - 4,500 | 34 |
Mixd Use : | $550,000 - 999,999 | 7 |
Com S : | - | |
Com L : | - | |
Biz : | $25,000 - 500,000 | 6 |
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All information deemed reliable but not guaranteed. Last date updated: 07/25/2025 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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