NOT LISTED FOR SALE

655 21st Ave Paterson, NJ 07513

Eastside Neighborhood
-- Bed
-- Bath
4,352 Sq Ft
-- Built

Last Sold March 06, 2024

Last sale price $870,000 $200 Per Sq Ft

69 Days on Market

About This Home

As of March 2024

Looking for a lucrative investment that practically manages itself? Your search ends here! Presenting a remarkable 6-unit brick building in the heart of Paterson, NJ, boasting not just one, but SIX parking spaces for added convenience. Don't miss your chance to secure a steady stream of income with this outstanding property. Each unit offers the perfect blend of comfort and functionality, featuring 1 bedroom and 1 bathroom layouts. Say goodbye to high-maintenance properties and hello to hassle-free ownership. Generating a gross operating income of $80,580.00, this investment gem boasts a strong financial foundation. The cap rate of 6.67% ensures a stable and attractive return on your investment. The current tenants are all up-to-date with their rents, showcasing the property's attractiveness and the excellent tenant relationships in place. A harmonious tenant-landlord dynamic means less stress and more peace of mind.

Last Agent to Sell the Property

Maikol Puebla

Christie's International Real Estate Group-Hoboken Listed on: 08/10/2023

Christie's International Real Estate Group-Hoboken

Last Buyer's Agent

Michael Malady

Realty One Group Paramount

Realty One Group Paramount

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,901

Home Design

  • Asphalt

Property Details

Property Type

Other

Est. Annual Taxes

$16,901

Lot Details

0

Listing Details

  • Property Type: 5+ Mixed Use
  • Co List Office Phone: (201) 962-9551
  • MLS Status: Sold - Sold
  • Directions: GPS
  • Year Built Details: 1900-1939,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Roof: Asphalt

Lot Info

  • Lot: 00004

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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 Change Sq Ft Price
03/06/2024 03/06/24 Sold $870,000 -3.3% $200 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $899,800 -- $207 / Sq Ft
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Maikol Puebla

    Seller's Agent in 2024

    Maikol Puebla

    Christie's Real Estate Northern NJ

    (201) 710-0598

    3 in this area

    89 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Michael Malady

    Realty One Group Paramount

    (201) 786-3559

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: New Jersey MLS

MLS Number: 23024902

New Jersey MLS

New Jersey Passaic County Paterson 07504 Eastside

655 21st Ave, Paterson, NJ

This home is located at 655 21st Ave, Paterson, NJ 07513 since 10 August 2023. 655 21st Ave is a home located in Passaic County with nearby schools including Dale Avenue Elementary School, Edward W. Kilpatrick School of Discovery, and Paterson School 6.

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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