41-43 Paterson Ave - Apartments FOR SALE


Paterson, NJ 07522
$975,000 USD
41-43 Paterson Ave, Paterson, NJ for Sale
$975,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

41-43 Paterson Ave
Paterson, NJ 07522


OVERVIEW

Brick & Shingle mixed use building in Great Falls District. Four one bedroom apartments plus a 1850 sf first floor commercial unit for owner/occupant or rental income. All separate utilities and 9 off-street parking spaces. Three year old roof, shingle siding and leaders & gutters. State/local inspections passed in 2024. Zoned R-3. Corner lot, no flood zone. Growth potential and near Totowa town border.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$182 USD /SF

# OF UNITS

5

PRICE/UNIT

$195,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,899 SF

ZONING

Commercial/Residential

APN/PARCEL ID

08-01408-0000-00015

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