Three-Family Residential Income
176 Beech St Paterson, NJ 07501
New
176 Beech St, Paterson, NJ, 07501
$499,000
For Sale
$499,000
MULTI_FAMILY - Paterson City, NJ
Property Size2,382 SF
Lot Size0.06 Acres
Price / SF$209.49
Days on Market2
Property Features for 176 Beech St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 4, Basement, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3
- Standard status
- Active
- Size
- 2,382 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11208
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
EXP REALTY, LLC
(866) 201-6210
28 VALLEY ROAD #1, Montclair, NJ
Listed by
MORDY ABELESZ · License #1755145
(866) 201-6210
Added: Jul 16 Checked: Jul 17 at 12:06 am
MLS# 4041262
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.
Investment Insights
Based on property information with market context.
Income-producing three-family residential property in Paterson City, NJ. The first unit offers 2 bedrooms, a living area, kitchen, and direct access to a private backyard. The second and third units each provide 1 bedroom, 1 bath, a kitchen, and a comfortable living layout.
The property is located near Downtown Paterson, local shopping, schools, major bus routes, and Paterson Station. Nearby road access includes Route 20, Route 80, and the Garden State Parkway.
With three separate residences and functional unit layouts, this is a multifamily offering designed for immediate rental income and long-term tenancy.
The property is located near Downtown Paterson, local shopping, schools, major bus routes, and Paterson Station. Nearby road access includes Route 20, Route 80, and the Garden State Parkway.
With three separate residences and functional unit layouts, this is a multifamily offering designed for immediate rental income and long-term tenancy.
Key Highlights
- Income‑producing three‑family property in Paterson
- Unit mix: one 2‑bedroom residence and two 1‑bedroom residences
- Each 1‑bedroom unit includes 1 bathroom, a kitchen, and living space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $25.56 |
| − Vacancy | −$3.9k | −$1.65 |
| EGI | $57.0k | $23.91 |
| − OpEx | −$17.1k | −$7.17 |
| NOI | $39.9k | $16.74 |
2,382 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$569.5K
$498.3K – $664.4K
NOI $39,866 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$523.3K
$457.9K – $610.5K
NOI $36,630 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$622.0K
$544.2K – $725.7K
NOI $43,539 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit multifamily property with a 2-bedroom unit and two 1-bedroom units.
Where is this triplex located?
The property is located at 176 Beech St Paterson, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Income‑producing three‑family property in Paterson; Unit mix: one 2‑bedroom residence and two 1‑bedroom residences; Each 1‑bedroom unit includes 1 bathroom, a kitchen, and living space
