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Renovated Multifamily Property Near Transportation

101 Lafayette Street Paterson, NJ 07524

101 Lafayette Street, Paterson, NJ, 07524
$675,000
For Sale
$675,000

Nearly vacant, renovated multifamily property with expansion potential.

Days on Market127

Property Features for 101 Lafayette Street

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1900
Listing Agency Keller Williams City Views Realty
Listed by Oscar Nunez-Paz
Source Compass
Added: Mar 13 Checked: Jul 16 at 7:03 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams City Views Realty


Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity. It features a finished attic with a separate entrance and two bedrooms. The second floor is fully vacant, and includes a kitchen, living room, two bedrooms, and a full bathroom. The first floor, currently occupied by a month-to-month tenant, contains two bedrooms and one bathroom. A high-ceiling basement offers potential for future expansion or storage. The property was fully renovated in the early 2020s and includes ductless heating and cooling units in every room. The location provides convenient access to major highways and public transportation.

Key Highlights

  • Nearly Fully Vacant: Ideal for immediate occupancy or tenant placement.
  • Finished Attic with Separate Entrance: Offers potential for rental income or additional living space.
  • Fully Renovated in the Early 2020s: Modern updates throughout.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Nursing Home Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Catering Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Multifamily property - Nearly vacant, renovated multifamily property with expansion potential.
Where is this multifamily property located?
The property is located at 101 Lafayette Street Paterson, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Nearly Fully Vacant: Ideal for immediate occupancy or tenant placement.; Finished Attic with Separate Entrance: Offers potential for rental income or additional living space.; Fully Renovated in the Early 2020s: Modern updates throughout.
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