5-Unit Apartment
For Sale
$999,999
84 Jefferson St, Paterson, NJ 07522
Two residential buildings include coin-operated laundry and an additional parking area.
Property SizeContact for details
Days on Market151
Property Features for 84 Jefferson St
General Information
Standard status
Active
Property subtype
Commercial
Zoning
RES
Units
Unit Mix
2 x 2BR, 3 x 3BR
Multifamily Units
5
Additional Details
Cap Rate
8%
Amenities
coin laundry
Building Details
Year Built
1920
Buildings
2
Stories
3
Units
5
Listing Agency:
Keller Williams City Views Realty
(201) 592-8900
Listed By:
Joseph Oneal · License #1646777
(201) 388-1594
Source:
Cammarotarealestate
Added: May 27
Changed: Oct 22
Last Checked: Oct 22 at 2:17PM
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 Keller Williams City Views Realty
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Investment Insights
Based on property information with market context.
Built in 1920, this RES-zoned apartment property comprises two buildings with five apartments: two two-bedroom units and three three-bedroom units. Four apartments were renovated six years ago; the first-floor three-bedroom unit was renovated last year and received central air conditioning. Central air is also present in the two-bedroom building.
Residents have access to coin-operated laundry, and the property includes an additional parking lot. A property management company is currently in place. The reported cap rate is 8%.
Residents have access to coin-operated laundry, and the property includes an additional parking lot. A property management company is currently in place. The reported cap rate is 8%.
Key Highlights
- Five apartments across two buildings: two two‑bedroom units and three three‑bedroom units
- Four units renovated six years ago; first‑floor three‑bedroom apartment renovated last year
- Central air in the two‑bedroom building and added to the first‑floor three‑bedroom unit
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,823
Businesses Nearby
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Business Placement
Demographics for 07522, NJ
23,345
Population
7,440
Households
3.1
Avg Household Size
31
Median Age
10%
College-Educated
77%
High-School Grad
0.9 sq mi
ZIP Area
25,939
Density / Sq Mi
$48,002
Median Household Income
$31,997
Median Earnings
$1,458
Median Rent
$264,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two residential buildings include coin-operated laundry and an additional parking area.
Where is this apartment building located?
The property is located at 84 Jefferson St Paterson, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Five apartments across two buildings: two two‑bedroom units and three three‑bedroom units; Four units renovated six years ago; first‑floor three‑bedroom apartment renovated last year; Central air in the two‑bedroom building and added to the first‑floor three‑bedroom unit
