Estimated payment $3,463/month
Investora€TMs dream! This legal 2-family property in Paterson is a high-yield, cash-flowing opportunity w/ no certificate of occupancy required a rare advantage for savvy investors. The 1st floor features 2 studio units, each w/ its own bathroom. The 2nd floor mirrors the layout with 2 more private studio suites, & a finished attic adds a 5th bonus studio unit. Currently generating $6,100/monin cash rental income with no formal leases, this asset offers immediate returns and flexibility. Two units rent at $1,300 each, two at $1,200, & one at $1,100. With annual taxes at $6,310 and insurance at $4,500, this investment maintains a strong profit margin. While therea€TMs no finished basement and street parking only, the propertya€TMs location in a high-demand rental area makes it a reliable earner with room to grow. Whether you're building your first portfolio or adding another gem to your collection, this is an opportunity you dona€TMt want to miss. Cash flow from day one in a thriving rental market.
| 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 | $6,674 | $131,000 | $18,900 | $112,100 |
| 2024 | $6,423 | $131,000 | $18,900 | $112,100 |
| 2022 | $6,081 | $131,000 | $18,900 | $112,100 |
| 2021 | $5,864 | $131,000 | $18,900 | $112,100 |
| 2020 | $5,469 | $131,000 | $18,900 | $112,100 |
| 2019 | $5,292 | $128,000 | $18,600 | $109,400 |
| 2018 | $5,459 | $126,200 | $18,500 | $107,700 |
| 2017 | $5,208 | $125,200 | $18,400 | $106,800 |
| 2016 | $5,741 | $132,300 | $19,400 | $112,900 |
| 2015 | $5,435 | $132,300 | $19,400 | $112,900 |
| 2014 | $6,830 | $235,500 | $105,200 | $130,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $540,000 | +217.6% | -- |
| 10/18/2019 10/18/19 | Sold | $170,000 | 0.0% | $100 / Sq Ft |
| 08/09/2019 08/09/19 | Pending | -- | -- | -- |
| 04/29/2019 04/29/19 | For Sale | $170,000 | -- | $100 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Integra Title & Abstract | |
| Deed | $170,000 | Integra Title & Abstract Llc | |
| Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $399,000 | New Conventional | |
| Previous Owner | $375,000 | Unknown | |
| Previous Owner | $269,500 | Construction | |
| Previous Owner | $35,000 | Unknown |
$625,000
4 Family, 2 2 family houses on one lot. Great investment property. The front property offers 1 bedroom, 1 bathroom on the first floor and 2 bedrooms, 2 bathrooms on the second floor. The back property offers 2 bedrooms, 2 bathrooms on the first floor and 2 bedrooms and 2 bathrooms on the 2nd floor. Leases are up on March 31st and are on a month to month basis thereafter Separated utilities, 4 gas
Francis Sullivan, 3rd Howard Hanna Rand Realty
$585,000
Welcome to 65 N 1st Street, a beautifully renovated two-family home offering both comfort and investment potential in Paterson. The first unit features 3 bedrooms and 1 bathroom, while the second unit provides 4 bedrooms and 1 bathroom each with spacious layouts designed for practical living. Recent updates enhance the appeal of both units, making them attractive options for tenants or
TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT
$550,000
Spacious and well-maintained 2-family home. The 1st floor features 2 bedrooms and 1 full bath, currently rented for $2,100/month. The 2nd floor offers 2 bedrooms and 1 full bath, rented for $1,300/month. Finished basement. Conveniently located between Rossiter Ave and Linwood Ave, close to schools, parks, shopping, and public transit. Perfect for investors or owner occupants!
Samir Genid REALTY ONE GROUP LEGEND
$599,000
Ideal Investment or Live-In Opportunity " Two-Family with Prime Location & PotentialWelcome to this solid two-family home offering incredible flexibility and income potential! Each unit features 3 bedrooms and 2 full baths, providing comfortable and spacious living arrangements. A one-car garage and a 25x100 lot round out the property, along with low taxes that enhance the overall value. Enjoy
Edwin Kalinka Keller Williams Realty Metropolitan
$599,000
Ideal Investment or Live-In Opportunity " Two-Family with Prime Location & PotentialWelcome to this solid two-family home offering incredible flexibility and income potential! Each unit features 3 bedrooms and 2 full baths, providing comfortable and spacious living arrangements. A one-car garage and a 25x100 lot round out the property, along with low taxes that enhance the overall value.Enjoy
Edwin Kalinka KELLER WILLIAMS METROPOLITAN
$589,000
Beautifully renovated in 2025, this turnkey under/over 2-family home at 100 Oxford Street in Paterson sits on a rare and oversized 53x100 lot, offering two spacious 3-bedroom, 1-bathroom units with modern finishes, updated kitchens, and bright, open living spaces. With generous outdoor space perfect for entertaining or future possibilities, this move-in-ready property is ideal for both investors
TOVIA LICHTMAN KELLER WILLIAMS MID-TOWN DIRECT
$599,000
Come look at this amazing 2 family property. This 2 family boast 3 bedrooms, living room, kitchen and full bath on the 1st and 2nd floor. 2 additional rooms with a full bath in attic and a full finished basement with a full bath and 2 more bonus rooms. This property is conveniently located several blocks away from highways. This is a must see!
Angel Rosado Realty Empire, LLC
$500,000
Excellent Investment opportunity in paterson! Welcome to 148 20th ave- a solid multi family Property perfect for investors or owner occupants seeking cash flow and long term potential. This well maintained property features 2 spacious units just over 1,100 square feet. 1st floor 2 bedrooms / 1 bath , second floor consists of 2 bedrooms / 1 bath. Located near schools, public transportation and
Carlos Goyburu GOYBURU REALTY, LLC
Source: New Jersey MLS
MLS Number: 25026128
APN: 08-06302-0000-00029
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