Renovated Three-Unit Income
562 Summer St Paterson, NJ 07501
New
562 Summer St, Paterson, NJ, 07501
$559,000
For Sale
$559,000
MULTI_FAMILY - Paterson City, NJ
Lot Size0.06 Acres
Days on Market1
Property Features for 562 Summer St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bathroom 3, Basement, Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 2
- Interior features
- Carbon Monoxide Detector, Fire Extinguisher
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7207
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1700
- 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
HUGO MEZA · License #276489
(866) 201-6210
Added: Jul 16 Checked: Jul 16 at 9:06 pm
MLS# 4041187
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.
This fully renovated 3-family property was completely gutted and renovated in 2020. Updates include newer electrical, plumbing, roof, furnaces, and hot water heaters. The building provides three spacious units, each with 2 bedrooms, a living room, a kitchen, and a full bathroom.
The property also offers separate utilities and separate meters, with tenants able to pay their own gas, electric, heat, and water expenses. It is located near shopping, schools, public transportation, and major highways.
With an efficiently configured unit mix and substantial capital improvements already completed, the property is presented as a turnkey income-producing asset for prospective owners.
The property also offers separate utilities and separate meters, with tenants able to pay their own gas, electric, heat, and water expenses. It is located near shopping, schools, public transportation, and major highways.
With an efficiently configured unit mix and substantial capital improvements already completed, the property is presented as a turnkey income-producing asset for prospective owners.
Key Highlights
- Fully renovated 3‑family property with complete gut‑and‑renovation in 2020
- Major updates completed: newer electrical, plumbing, roof, furnaces, and hot water heaters
- Each of 3 units has 2 bedrooms, a living room, kitchen, and 1 full bathroom
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey renovated 3-family building with separate utilities and three 2-bedroom units in Paterson, NJ.
Where is this triplex located?
The property is located at 562 Summer St Paterson, NJ.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: Fully renovated 3‑family property with complete gut‑and‑renovation in 2020; Major updates completed: newer electrical, plumbing, roof, furnaces, and hot water heaters; Each of 3 units has 2 bedrooms, a living room, kitchen, and 1 full bathroom
