233 Straight St, Paterson, NJ 07501
MULTI_FAMILY - Paterson City, NJ
- Added:
- Apr 13, 2026
- Days on Market:
- 86
- Last Refresh:
- Jul 7 at 11:06 pm
Property Features for 233 Straight St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Two Family
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 6
- Parking
- 2
- Interior features
- Fire Extinguisher, Smoke Detector, Wood Floors
- Standard status
- Active
- Size
- 1,804 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9128
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent JAMES R. ROJAS (973) 943-0956
Listing office REALTY ONE GROUP LIVING 291 STUYVESANT AVE, Lyndhurst, NJ (201) 636-2280
Listing date Apr 13, 2026
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.
HighLights
- Year built: 1970
- Interior features include wood floors, smoke detectors, and fire extinguisher
- Heating includes baseboard and hot water (heating)
- Public water and public sewer connection
- Shingle roof
- Includes basement and 6 bedrooms plus 3 bathrooms
Overview
The property is located at 233 Straight St in Paterson City, within Passaic County, New Jersey (07501-1903). Its placement in a Two Family zoning district is a useful baseline for buyers looking for a structured two-unit configuration aligned with the local zoning designation.
For investors, this asset may fit a strategy focused on owning a two-family property rather than a larger multifamily building. For owner-occupants, a duplex format can also support living in one unit while renting the other, provided the buyer confirms the current unit configuration and condition at due diligence. As always, prospective buyers should verify details such as layout, operating condition, and any tenant or lease terms, since those specifics are not provided in the listing information.
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 | $46.1k | $25.56 |
| − Vacancy | −$3.0k | −$1.65 |
| EGI | $43.1k | $23.91 |
| − OpEx | −$12.9k | −$7.17 |
| NOI | $30.2k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.16629
- Latitude
- 40.91632
