84 Jefferson St, Paterson City, NJ 07522
Passaic County
Key Facts
Description
Excellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income . 24 hours notice needed to arrange with the tenants for showings.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1920
Stories
3
Lot Size
0.11 acres
Ownership
Fee Simple
MLS® Listing#
4030473
Property Features
Cooling
Heating
Basement
Lot Features
Construction
Roof
Security
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$21,377
Tax year 2025
Assessed Value
$763,700
Parcel Number
2508-00206-0000-00009-0000-
Directions
Corner of N 2nd St to Jefferson St
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $799,999 · Est. interest $1,116,070 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Paterson City, NJ
- $614,245
- Median Listing Price
- 48
- Median Days on Market
- 1,390
- Median Sq Ft
- $404
- Median Price / Sq Ft
- 3,172
- Active Listings
- This home’s price is 63% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Paterson City, NJ.
Location
Points of Interest in Paterson City, NJ
Showing the Paterson City area map.
Nearby Schools
Boys & Girls Club
School · 0.1 mi away
Number 4 Elementary School
Elementary · 0.1 mi away
Paterson Academy
School · 0.2 mi away
Paterson Public Schools
School · 0.2 mi away
School 28
Elementary · 0.2 mi away
Number 12 Elementary School
Elementary · 0.3 mi away
Gilmore Memorial Christian Academy
School · 0.3 mi away
Al-Hikmah Elementary School
Elementary · 0.4 mi away
Prospect Park School District
Elementary · 0.5 mi away
Number 1 Elementary School
Elementary · 0.5 mi away
Learning Center Ready To Learn
School · 0.5 mi away
School 14
School · 0.5 mi away
Harp Academy
School · 0.6 mi away
The Official Paterson Public School # 10
School · 0.6 mi away
Norman S Weir Public School
Elementary · 0.6 mi away
Paterson Pre-Collegiate Academy
Secondary · 0.6 mi away
Our Lady of Lourdes
School · 0.6 mi away
Silk City 2000 Adult School
School · 0.6 mi away
Al Huda School
School · 0.6 mi away
Eastside High School
Secondary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 71 Martin Luther King Jr Dr, Jersey City, NJ | $699,999 | 6 | 3 | 2,700 |
| 154 Belmont Ave, Paterson City, NJ | $699,999 | 12 | 3 | 29,997 |
| 16 MILLER ST, Jersey City, NJ | $699,999 | 6 | — | — |
| 737 S 14Th St, Newark City, NJ | $699,999 | 9 | 5 | — |
| 45 Market St, Paterson City, NJ | $699,999 | 4 | 3 | — |
| 55 Smith St, Perth Amboy City, NJ | $699,999 | 5 | 5 | 2,302 |
Moving Cost Estimate
EXIT Agents in Paterson City
Listing Courtesy: KELLER WILLIAMS CITY VIEWS REALTY - 2015928900