Estimated payment $2,998/month
Fully occupied renovated 2-family property in the Riverside section of Paterson. Each unit has been updated with modern kitchens featuring stainless steel appliances including gas stove, double-door refrigerator with ice maker, microwave, tile floors, and backsplash. The first-floor unit offers Pergo flooring throughout, a pantry, and exclusive access to a partially finished basement with laundry hookups, along with exclusive use of the backyard and 3-car garage. Long-term tenants on this floor are on a month-to-month lease and consistently pay rent on time. The second-floor unit includes a large eat-in kitchen with plenty of natural light, similar finishes and appliances, a pantry, 3 bedrooms, spacious living room with closet, and an additional storage room. The tenant lease expires August 31st. Utilities are split with tenants responsible for their own PSEG (electric/gas), while the owner pays water, sewer, and insurance. The property is located near local shops, parks, restaurants, and public transportation. The neighborhood features a mix of residential and light industrial properties, providing convenient access to major roadways. Property is sold occupied, providing immediate rental income. Tenant payment history and lease terms can be provided upon request. Suitable for investors seeking steady cash flow or buyers interested in living in one unit while renting the other. Dona€TMt waita€”set your appointment today.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,681 | $190,000 | $24,000 | $166,000 |
| 2024 | $9,316 | $190,000 | $24,000 | $166,000 |
| 2022 | $8,820 | $190,000 | $24,000 | $166,000 |
| 2021 | $8,504 | $190,000 | $24,000 | $166,000 |
| 2020 | $7,933 | $190,000 | $24,000 | $166,000 |
| 2019 | $7,685 | $185,900 | $23,700 | $162,200 |
| 2018 | $7,185 | $166,100 | $23,600 | $142,500 |
| 2017 | $6,856 | $164,800 | $23,500 | $141,300 |
| 2016 | $7,454 | $171,800 | $22,500 | $149,300 |
| 2015 | $7,058 | $171,800 | $22,500 | $149,300 |
| 2014 | $7,302 | $251,800 | $146,500 | $105,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | For Sale | $399,999 | +23.1% | -- |
| 07/22/2021 07/22/21 | Sold | $325,000 | +3.2% | $186 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 05/04/2021 05/04/21 | For Sale | $315,000 | -- | $180 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $320,000 | Techno Ttl & Abstract Agcy L | |
| Deed | $156,302 | Prestige Title Agency Inc | |
| Deed | $89,000 | None Available | |
| Deed | $185,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $330,000 | -- | |
| Deed | $225,000 | -- | |
| Deed | $165,000 | -- | |
| Deed | $32,500 | -- | |
| Sheriffs Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $320,000 | New Conventional | |
| Previous Owner | $224,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $120,000 | Commercial | |
| Previous Owner | $190,340 | Unknown | |
| Previous Owner | $189,000 | Unknown | |
| Previous Owner | $175,750 | New Conventional | |
| Previous Owner | $297,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $202,500 | No Value Available | |
| Previous Owner | $162,450 | FHA | |
| Previous Owner | $122,400 | Unknown | |
| Previous Owner | $80,500 | No Value Available |
$499,900
Income-Producing 2-Family Home!This well-maintained 2-family property is a perfect opportunity for investors or owner-occupants looking for rental income. The first-floor unit features 3 bedrooms and 1 full bathroom, currently rented with a lease in place until 2026. Tenants are reliable, with rent automatically withdrawn on the 1st of each month and a strong history of on-time payments.The
Elizabeth Saune PROVIDENT LEGACY REALTORS
$499,999
Exceptional two-family home and investment opportunity. Discover this well-maintained property with modern finishes. This property offers comfort and income potential. The first-floor unit offers a two-bedroom, one full bath apartment with a great functional flow. Unit #2 has a generous three bedrooms and one full bathroom layout. Both units have been well kept and are move in ready. Bonus space
Randy Murillo SAFEWAY REALTY GROUP
$489,900
Completely Vacant. Waiting for you to own. Two family house waiting to be your next investment or live in and collect rent! Hardwood floors and great natural lighting. 2 Car Garage with parking for up to 3-4 cars. Basement has a half bath. Basement and attic can be finished for extra space and income. Nice fenced in yard for grilling. Ready to sell - Don't miss out on this one! Oil tank will be
Domingo Rodriguez EXP REALTY, LLC
$489,900
Completely Vacant. Waiting for you to own. Two family house waiting to be your next investment or live in and collect rent! Hardwood floors and great natural lighting. 2 Car Garage with parking for up to 3-4 cars. Basement has a half bath. Basement and attic can be finished for extra space and income. Nice fenced in yard for grilling. Ready to sell - Don't miss out on this one! Oil tank will be
Domingo Rodriguez EXP Realty, LLC
$339,000
GOOD INVESTMENT PROPERTY. FIRST FLOOR OFFERING LIVING RM, EAT-IN KITCHEN, 2 BEDROOMS & BATH. 2ND & 3RD FLOORS COMBINE TO OFFER LIVING RM, EAT-IN KITCHEN, 3 BEDROOMS & BATH. BASEMENT HAS SEPARATE ENTRANCE. SEPARATE UTILITIES. FLOOD AREA. INSURANCE APRX $1,400/YEAR.
LINTON GAINES NICHOLAS REAL ESTATE AGENCY
$499,000
Newly Renovated 2-Family Home in Paterson! This move-in-ready home features 2 units:Unit 1: 2 beds, 1 bath.Unit 2: 4 beds, 1 bath.Both units offer efficient kitchens, stylish baths, and fresh flooring. Great for investors or owner-occupants. Unit 2 Occupied. Unit 1 Vacant
Yodelsy De La Cruz COLDWELL BANKER REALTY
$459,000
TWO FAMILY INVESTMENT PROPERTY, IN NEED OF TLC, 1ST & 2ND FLOOR FEATURING LEAVING ROOM, 2 BEDS, EAT-IN KITCHEN &1 BATH. FINISHED ATTIC & SEMI FINISHED BASEMENT.
ROSELYS RAMIREZ NICHOLAS REAL ESTATE AGENCY
$489,900
This two-unit house has 5 rooms in the first-floor apartment, LR, Modern Eat-in Kitchen, three bed rooms, bath. The second-floor apartment has LR, a Modern Eat-in Kitchen, two bedrooms, and a bath, Separate (2) Gas Hot Water Boilers. and two water heaters. Each apt needs TLC so submit your offers.
John G. Susani COLDWELL BANKER SUSANI REALTY
$489,900
This two-unit house has four rooms in the first-floor apartment, LR, Modern Eat-in Kitchen, Two bed rooms, Modern bath. The second-floor apartment has LR, a Modern Eat-in Kitchen, two bedrooms, and a Modern bath, the third floor has two extra bedrooms. Separate (2) newer Gas Hot Water Boilers. and two water heaters. Each apt has been remodeled with new floors, cabinets, and a new sink. This
John G. Susani COLDWELL BANKER SUSANI REALTY
Source: New Jersey MLS
MLS Number: 25024806
APN: 08-02922-0000-00007
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