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Multifamily Property with Fire Damage
For Sale
$596,057

276 Carroll Street, Paterson, NJ 07501

Multifamily asset requiring repairs and verification of permitted use and unit configuration.

Property SizeContact for details
Days on Market13

Property Features for 276 Carroll Street

General Information

Standard status Active
Property subtype MULTI_FAMILY

Property Condition

Severity Major Repairs Needed
Evidence Fire damage present

Taxes and HOA fees

Annual Taxes $16,026
Listing Agency: Better Homes & Gardens Real Estate Green Team
Listed By: Ruth M. Wehrman
Source: Tarvinrealtors
Added: Aug 12 Changed: Aug 21 Last Checked: Aug 23 at 8:55AM

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 Better Homes & Gardens Real Estate Green Team

Investment Insights

Based on property information with market context.

This multifamily property is being offered in its existing condition with fire damage present. The seller will not complete repairs, and the property requires buyer-led evaluation of its physical condition and future use.

Purchasers must independently handle due diligence, inspections, certifications, and confirmation of permitted or legal use and unit configuration. Acquisition is limited to cash or renovation financing.

Key Highlights

  • Fire damage is present
  • Offered in existing condition with no seller repairs
  • Cash or renovation financing required

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Nursing Home Veterinary Clinic (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,337
Businesses Nearby

Demographics for 07501, NJ

37,918
Population
13,119
Households
2.9
Avg Household Size
33
Median Age
9%
College-Educated
71%
High-School Grad
1.8 sq mi
ZIP Area
21,066
Density / Sq Mi
$40,699
Median Household Income
$32,103
Median Earnings
$1,442
Median Rent
$304,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily asset requiring repairs and verification of permitted use and unit configuration.
Where is this multifamily property located?
The property is located at 276 Carroll Street Paterson, NJ.
What is the asking price?
The asking price for this property is $596,057.
What are key features of this property?
This property features: Fire damage is present; Offered in existing condition with no seller repairs; Cash or renovation financing required
More about this property
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