Paterson City, NJ 07501,107 Jersey St
Paterson City, NJ 07501,107 Jersey St
Paterson City, NJ 07501,107 Jersey St
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$ 650,000
Est. payment | /mo

6 Beds

2.5 Baths

871 Sqft Lot


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$ 650,000
Est. payment | /mo
Save

6 Beds

2.5 Baths

871 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3945376

Style 3-Three Story

Bedrooms 6

Full Baths 2

Half Baths 1

Year Built 1940

Annual Tax Amount $10,704

Tax Year 2024

Lot Size 871 Sqft

Property Description

Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attracting long-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just off Route 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionals seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don't miss out schedule your showing today! Ground level can only be commercial*

Location

State NJ

County Passaic

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Garden State MLS(GSMLS)
Listed by ADDISON REAL ESTATE
agent-avatar

"Elevating Real Estate Dreams with Heart and Expertise."

+1(862) 251-4915

addisonrealtor@gmail.com

111 Howard Blvd. Suite 202, Arlington, Jersey, 07856, United States

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107 Jersey St