Paterson City Paterson, NJ 07514
- Added:
- Nov 11, 2025
- Days on Market:
- 141
- Last Refresh:
- Apr 1 at 5:06 pm
Property Features for Paterson City
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
- Parking
- 6
- Interior features
- Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
- Exterior features
- Curbs, Sidewalk, Storm Window(s)
- Basement Y/N
- 1
- Appliances
- Oven - Gas, Range, Refrigerator
- Standard status
- Active
- Lot size
- 0.11 Acres
Taxes and HOA fees
- TaxYear
- 2025
- TaxAnnualAmount
- 22525
Utilities
- Heating system
- Baseboard, Electric (Heating), Hot Water (Heating)
- Cooling system
- None (Cooling)
Building Details
- Year built
- 1945
- Number of units
- 4
- Roof type
- Asphalt, Rubber, Shingle
- Architectural style
- Other
Listing agent JOHN G. SUSANI (973) 790-6996
Listing office COLDWELL BANKER SUSANI REALTY 209 UNION AVENUE, Paterson, NJ (973) 790-6996
Listing date Nov 11, 2025
MLS# 3997336
Listing URL
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Property in Paterson City
This mixed-use property in Paterson City, NJ, is listed for sale as a four-unit building, including a restaurant and garages, located at 100, 102, and 104 3 Ave. The property features a one-family house, a store/restaurant, a rear apartment on the second floor, garage storage, a studio apartment, and another rear apartment. The property has a lot size of 0.11 acres. The yard provides parking space for up to four or five cars. The total monthly rent is $11,145.00, with tenants responsible for their heat and AC expenses. The total annual rent amounts to $133,740.00. The annual property taxes are $21,554.00. The one-family house is rented for $2,685. The rear apartment is rented for $2,200.00, and the restaurant rent is $2,300.00. The garage rent is $825.00. The studio apartment rent is $1,100.00, and the other rear unit is rented for $2,100.00. The property has a CAPE RATE above 8-9%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Parking lots & garages
Map
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.145
- Latitude
- 40.9261
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Four-unit property with restaurant and garages. Great rent roll.
Where is this mixed-use property located?
The property is located at Paterson City Paterson, NJ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High CAP Rate: Enjoy above 8‑9% return on investment.; Strong Rental Income: Benefit from a total monthly rent of $11,145.00, totaling $133,740.00 annually.; Multiple Income Streams: Property includes a one‑family house, restaurant, rear apartments, garage storage, and a studio apartment.
