Triplex With Finished Walkout
For Sale
$899,999
215 East 16th Street Unit 3, Paterson, NJ 07524
Three residential units have separate utilities and tenants in place at closing.
Property SizeContact for details
Days on Market112
Property Features for 215 East 16th Street Unit 3
General Information
Standard status
Active
Property subtype
Multi Family / 3-Three Story
Taxes and HOA fees
Annual Taxes
$13,935
Amenities
Yes
No
See Remarks
Finished, Walkout
See Remarks, Vinyl Siding
Building Details
Year Built
1950
Listing Agency:
COLDWELL BANKER REALTY
(973) 778-4500
Listed By:
DEBRA CISNEROS PEREZ · License #400179
(973) 778-4500
Source:
Compass
Added: May 12
Changed: Aug 30
Last Checked: Aug 30 at 3:41PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
Built in 1950, this multifamily property contains three residential units with layouts designed around separate living and dining rooms, kitchens, and well-proportioned bedrooms. Unit 1 has 3 bedrooms and 1 full bath, while Unit 2 provides 4 bedrooms and 1 full bath. Unit 3 includes 3 bedrooms and 1 full bath. A fully finished walkout basement adds 2 bedrooms, 2 full baths, a living room, dining area, and kitchen as additional living space.
The property includes a long driveway with two-car-wide parking, and each residential unit has separate utilities. Tenants are expected to remain in place at closing. Seller representation and DCA records identify the property as registered and inspected as a 3-unit dwelling; legal use, zoning, and occupancy should be verified with the municipality. The property is located at 215 East 16th Street in Paterson, New Jersey.
The property includes a long driveway with two-car-wide parking, and each residential unit has separate utilities. Tenants are expected to remain in place at closing. Seller representation and DCA records identify the property as registered and inspected as a 3-unit dwelling; legal use, zoning, and occupancy should be verified with the municipality. The property is located at 215 East 16th Street in Paterson, New Jersey.
Key Highlights
- Three residential units with separate utilities
- Unit mix includes 3 bedrooms, 4 bedrooms, and 3 bedrooms; each unit has 1 full bath
- Finished walkout basement includes 2 bedrooms, 2 full baths, living, dining, and kitchen areas
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,654
Businesses Nearby
Explore this area
Business Placement
Demographics for 07524, NJ
14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units have separate utilities and tenants in place at closing.
Where is this triplex located?
The property is located at 215 East 16th Street Unit 3 Paterson, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Three residential units with separate utilities; Unit mix includes 3 bedrooms, 4 bedrooms, and 3 bedrooms; each unit has 1 full bath; Finished walkout basement includes 2 bedrooms, 2 full baths, living, dining, and kitchen areas
