Eastside Paterson Income-Producing
90 Park Ave Paterson, NJ 07501
90 Park Ave, Paterson, NJ, 07501
$839,000
For Sale
$839,000
Income-producing triplex on Paterson's Eastside, near transit and highways.
Days on Market105
Property Features for 90 Park Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1700
Listing Agency
Listed by
ALICIA ALARCON
Source
Elliman
Added: Apr 3 Checked: Jul 16 at 9:41 am
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Investment Insights
Based on property information with market context.
Located on the Eastside of Paterson, this income-producing three-family property features high ceilings throughout. Unit 1 is a vacant unit with three bedrooms, a living room, a kitchen, and a full bath. Unit 2 is also vacant and includes four bedrooms, a living room, a kitchen, and a full bath. Unit 3, currently rented month-to-month, has four bedrooms, a living room, a kitchen, and a full bath. The property also offers a partially finished basement with a full bathroom and three bonus rooms. Utilities are fully separate, with three boilers and four meters. The location is convenient to NJ Transit trains and direct bus routes to NYC, with easy access to I-80, Route 19, and the Garden State Parkway. This property is suitable for both first-time buyers looking to live in one unit while generating income from the others and investors seeking strong cash flow. The property is sold as-is. The bike score is 52, indicating it is bikeable. The walk score is 82, indicating it is very walkable. The transit score is 61, indicating good transit.
Key Highlights
- Huge income‑producing 3‑family property.
- Fully separate utilities with 3 boilers and 4 meters.
- Two vacant units (Unit 1: 3 bedrooms, Unit 2: 4 bedrooms) ready for immediate occupancy or rental.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Income-producing triplex on Paterson's Eastside, near transit and highways.
Where is this triplex located?
The property is located at 90 Park Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Huge income‑producing 3‑family property.; Fully separate utilities with 3 boilers and 4 meters.; **Two vacant units (Unit 1: 3 bedrooms, Unit 2: 4 bedrooms) ready for immediate occupancy or rental.**