2-4 Family Home For Sale in Paterson, NJ
 

MLS# : 25026123

Street : 48 N York Street
Price : $979,999
Town : Paterson, NJ 07524
Annual Taxes : $17,735

PROPERTY DETAILS

# of Rooms : 23
Bedrooms : 17
Full Baths : 6
Half Baths : 0
Year Built :
Lot Size :
Style :
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PROPERTY DESCRIPTION

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!

Amenities

This listing is a courtesy of Keller Williams Prosperity Realty
973-696-0077 office, listing agent David E. Arteaga

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
551-358-4252 (cell)

Madisom Adams Sales Associate Henry A. Washington


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Real estate inventory
Paterson
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


Similar Listings in Paterson

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 07/25/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 New Jersey Multiple Listing Service, Inc. All rights reserved.”


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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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com