$1,000,000

Estimated payment $8,024/month

Total Views 6,932
10 Beds
5.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Storm Windows
  • Electric Baseboard Heater
  • Level Lot

About This Home

The property has a great rent roll for any investor. The CAPE RATE is above 8-9%. The one-family house rented for $2,685. The rear apt is rented for $2,400.00, and the restaurant rent is $2,200.00; the Garage rent is $825.00. Studio apt rent is $1,100.00. The other rear unit is $2,100.00. The listing is being sold as a 4-unit property with the restaurant and garages with the addresses of 100, 102, and 104 3 Ave, Paterson. The total monthly rent is $11,310.00, with the tenants paying their heat and AC expenses. So the property has one fam, store/restaurant, rear apt 2nd fl, garage storage, Studio apt, Rear apt. The yard has room to park up to 4-5 cars. The total annual rent is $135,720.00; the total taxes for the property are $24,854.00

Listing Agent

John G. Susani

COLDWELL BANKER SUSANI REALTY Brokerage Phone: 973-790-6996 Listed on: 11/11/2025

COLDWELL BANKER SUSANI REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,854

Year Built

  • Built in 1945

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Rubber Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 10 Bedrooms

Unfinished Basement

  • Partial Basement

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Additional Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Number 16 Elementary School
  • Jfk High School

Utilities

  • Electric Baseboard Heater
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2508-02409-0000-00013-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,854

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Year Built: 1945
  • Year Built Description: Approximate
  • County Name: Passaic
  • Exclusions: The Restaurant has all of its own equipment, tables, chairs.
  • Directions: Madison Ave to 3rd Ave.
  • I D: 5396730
  • Section Subdiv Development: Riverside
  • Attribution Contact: 973-790-6996
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
  • Bedrooms: 10
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Partial, Unfinished

Exterior Features

  • Exterior Description: Aluminum Siding, ConcBrd
  • Exterior Features: Curbs, Sidewalk, Storm Window(s)
  • Roof Description: Asphalt Shingle, Rubberized

Garage/Parking

  • Garage Description: On Site, On-Street Parking
  • Number Parking Spaces: 6
  • Parking Driveway Description: Additional Parking, Blacktop, Off-Street Parking, On-Street Parking

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Electric, Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: JFK

Lot Info

  • Lot Size: 50X100
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 33854
  • Assessor Parcel Number: 2508-02409-0000-00013-0000-
  • Tax Rate Amount: 5.095
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: NUMBER 16

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Price Changed $1,000,000 -13.0% --
11/11/2025 11/11/25 For Sale $1,150,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $100,000 --
Source: Public Records

Source: Garden State MLS

MLS Number: 3997336

Garden State MLS

APN: 08-02409-0000-00012