192 Edmund Ave, Paterson City, NJ 07502
Passaic County
Key Facts
Description
Don't miss this well-maintained legal 3-family property in the heart of Paterson perfect for both investors and owner-occupants seeking strong rental income with upside potential.Each unit offers approximately 580 sq ft of living space and features a functional layout including 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. All units come equipped with gas stoves and refrigerators, making this a true turnkey opportunity.The first-floor unit includes access to a full basement, which adds valuable bonus space featuring a full bathroom, recreation area, workshop, washer/dryer, utility sink, and ample storage or additional functionality. All tenants are month-to-month, offering flexibility for rent increases or occupancy changes.Key Features: Separate utilities " 3 gas meters, 3 electric panels, 3 furnaces Baseboard heating throughout Aluminum siding exterior Washer/Dryer located in basement No central AC (window units owned by tenants) Taxes: $11,918/year. Whether you're looking to live in one unit while collecting rental income or expand your investment portfolio, this property offers solid cash flow potential and long-term value. Schedule your private showing today!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
3-Three Story
Year Built
1940
Stories
3
Living Area
1,740 sq ft
Lot Size
0.06 acres
Days on Market
29
MLS® Listing#
4020232
Property Features
Appliances
Cooling
Heating
Basement
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$11,918
Tax year 2025
Assessed Value
$509,900
Parcel Number
2508-01311-0000-00030-0000-
Directions
Union Ave to Edmund
Affordability Calculator
$139,800
Estimated monthly payment
$3,720/mo
Principal $559,200 · Est. interest $780,134 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 14% above the area median.
- Its price per sq ft is right around 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
Don Bosco Technical High School
Secondary · 0.1 mi away
School 19
Elementary · 0.2 mi away
John F. Kennedy High School
Secondary · 0.2 mi away
Paterson Public Schools
Elementary · 0.4 mi away
Paterson Public Schools
Elementary · 0.5 mi away
Dawn Treader Christian School
Secondary · 0.6 mi away
School 14
School · 0.6 mi away
School No 7
Elementary · 0.6 mi away
Garrett Morgan Academy
Secondary · 0.6 mi away
College Achieve Paterson Charter School
School · 0.7 mi away
St. Gerard Majella School
Elementary · 0.7 mi away
School 29
School · 0.7 mi away
School 2
Elementary · 0.7 mi away
Compassion House Outreach
School · 0.7 mi away
Paterson Arts and Science Charter School
School · 0.8 mi away
Community Charter School of Paterson
Elementary · 0.8 mi away
International High School
Secondary · 0.8 mi away
John P Holland Charter School
School · 0.9 mi away
Harp Academy
School · 0.9 mi away
The Great Commission Christian Academy
School · 1.0 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 |
|---|---|---|---|---|
| 191 1St Ave, Newark City, NJ | $489,999 | 5 | 3 | — |
| 86 Hawthorne Ave, East Orange City, NJ | $490,000 | 7 | 3 | 2,925 |
| 154 Sayre St, Elizabeth City, NJ | $499,000 | 5 | 2 | — |
| 536 S 18Th St, Newark City, NJ | $499,000 | 6 | 2 | — |
| 208 N 1St St, Paterson City, NJ | $499,000 | 5 | 4 | — |
| 102 S Ocean Ave, Atlantic City, NJ | $499,000 | 5 | — | — |
Moving Cost Estimate
EXIT Agents in Paterson City
Listing Courtesy: WEICHERT REALTORS - 9737461515