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    196-198 Beech St Paterson, NJ 07501

    For Sale
    $1,295,000

    Investment - Paterson, NJ

    Days on Market:
    50
    Last Refresh:
    Dec 8 at 2:06 pm

    Property Features for 196-198 Beech St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Number of units
    7
    Architectural style
    Other

    CENTURY 21 PREFERRED REALTY INC (201) 792-7601 [email protected]

    Listing agent FRANCIS DEBARI (201) 792-7601 License #1751103

    Listing date Oct 20, 2025

    MLS# 250021727 Listing URL

    Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Paterson Multifamily Investment Opportunity

    Located on Beech Street in Paterson, this fully occupied 7-unit building presents an investment opportunity. The property features solid income potential and manageable expenses. Some off-street parking is available. The property has separate utilities for each unit. There is potential for value-add improvements. The location provides immediate highway access and is situated minutes from the hospital, restaurants, retail options, and public transportation.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1647858
    Latitude
    40.9077951

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 7-unit building with income potential in Paterson, NJ.
    Where is this apartment building located?
    The property is located at 196-198 Beech St Paterson, NJ.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Fully occupied 7-unit building providing strong financials.; - Value-add property with endless potential for increased income.; - Ideally located with immediate highway access.
    (201) 792-7601
    Request Owner's contact information
    196-198 Beech St Paterson, NJ 07501
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    Paterson, NJ 07501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    196-198 Beech St Paterson, NJ 07501
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