Paterson City, NJ 07514,100-104 3rd Ave
Paterson City, NJ 07514,100-104 3rd Ave
Paterson City, NJ 07514,100-104 3rd Ave
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$1,200,000
Est. payment /mo
10 Beds
4 Baths
5,227 Sqft Lot
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UPDATED:

09/11/2024 06:04 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Riverside

MLS Listing ID 3909266

Style 2-Two Story, See Remarks

Bedrooms 10

Full Baths 4

Annual Tax Amount $19,620

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.

Location

State NJ

County Passaic

Rooms

Basement Partial

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Electric, Gas-Natural

Cooling None

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Aluminum, ConcBrd

Garage Built-In Garage, Garage Parking, On-Street Parking

Garage Spaces 4.0

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, See Remarks

Schools

High Schools Eastside

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by COLDWELL BANKER SUSANI REALTY
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Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@foxroach.com

352 Stokes Rd, Medford, NJ, 08055, USA

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100-104 3rd Ave