Paterson City Paterson, NJ 07524
MULTI_FAMILY - Paterson City, NJ
- Added:
- May 30, 2026
- Days on Market:
- 42
- Last Refresh:
- Jul 10 at 7:06 pm
Property Features for Paterson City
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 3
- Parking
- 2
- Interior features
- Carbon Monoxide Detector, High Ceilings, Smoke Detector, Vinyl-Linoleum Floors, Walk-In Closet
- Exterior features
- Curbs, Sidewalk
- Standard status
- Pending
- Size
- 3,117 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1013
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2026
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
Listing agent YORDANI NICASIO License #410758 (973) 790-6996
Listing office COLDWELL BANKER SUSANI REALTY 209 UNION AVENUE -, Paterson, NJ (973) 790-6996
Listing date May 30, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- 5‑year tax abatement
- New construction 2‑family
- Each unit features: 3 bedrooms, 2 full baths
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 | $79.7k | $25.56 |
| − Vacancy | −$5.1k | −$1.65 |
| EGI | $74.5k | $23.91 |
| − OpEx | −$22.4k | −$7.17 |
| NOI | $52.2k | $16.74 |
