90 Park Ave Paterson, NJ 07501
For Sale
1 / 41
Investor alert " huge income-producing 3-family located on the Eastside of Paterson featuring high ceilings throughout. Unit 1 offers 3 bedrooms, living room, kitchen, and full bath (vacant). Unit 2 features 4 bedrooms, living room, kitchen, and full bath (vacant). Unit 3 includes 4 bedrooms, living room, kitchen, and full bath (currently month-to-month). The property also offers a partially finished basement with a full bathroom and 3 bonus rooms. Utilities are fully separate with 3 boilers and 4 meters. Conveniently located near NJ Transit trains and direct NYC bus routes with easy access to major highways including I-80, Route 19, and Garden State Parkway ideal for commuters. Whether you're a first-time buyer looking to live in one unit while generating income from the others, or an investor seeking strong cash flow, this is a great opportunity. Sold as-is. bikeScore: 52, Bikeable walkScore: 82, Very Walkable transitScore: 61, Good Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.