$779,000
PENDING

Estimated payment $5,106/month

Total Views 1,221
11 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Turnkey 3-Family Investment in Paterson! Fully occupied and income-producing, this legal 3-family offers 11 bedrooms, 3 full baths, and a full unfinished basement with value-add potential. The 2nd and 3rd floor units are newly renovated, and all units are rented to reliable, long-term tenants. Featuring a new roof (2021), updated utilities, and a strong GOI, this property is a cash flow machine in a high-demand rental market. Ideal for investors or 1031 exchange buyers seeking immediate returns. Sold strictly as-is.

Listing Agent

Sol Castanos

Realty One Group Legend, Clifton Listed on: 02/15/2026

Realty One Group Legend, Clifton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,647

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 8 / 3008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,647

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 973-772-0660
  • MLS Status: Under Contract - Under Contract
  • Directions: Lafayette St to Rosa Parks Blvd
  • Architectural Style: 3 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 11

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Annual Amount: 11647.0
  • Tax Block: 3008
  • Tax Lot: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $11,647 $228,600 $24,000 $204,600
2024 $11,208 $228,600 $24,000 $204,600
2022 $10,612 $228,600 $24,000 $204,600
2021 $10,232 $228,600 $24,000 $204,600
2020 $9,544 $228,600 $24,000 $204,600
2019 $9,239 $223,500 $23,700 $199,800
2018 $8,687 $200,800 $23,600 $177,200
2017 $8,291 $199,300 $23,500 $175,800
2016 $9,038 $208,300 $22,500 $185,800
2015 $8,557 $208,300 $22,500 $185,800
2014 $11,934 $411,500 $146,500 $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2026 03/25/26 Pending -- -- --
02/15/2026 02/15/26 For Sale $779,000 +15.4% --
04/16/2025 04/16/25 Off Market $675,000 -- --
04/14/2025 04/14/25 Sold $675,000 +12.5% $212 / Sq Ft View Prior Sale
02/13/2025 02/13/25 Pending -- -- --
02/12/2025 02/12/25 Off Market $599,900 -- --
02/06/2025 02/06/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $599,900 +84.6% $188 / Sq Ft
11/24/2020 11/24/20 Sold $325,000 -16.5% $102 / Sq Ft View Prior Sale
09/14/2020 09/14/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $389,000 +211.2% $122 / Sq Ft
08/12/2014 08/12/14 Sold $125,000 -- $39 / Sq Ft View Prior Sale
Source: New Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $675,000 First American Title
Deed $675,000 First American Title
Bargain Sale Deed $325,000 Fidelity National Title
Bargain Sale Deed $125,000 None Available
Interfamily Deed Transfer -- Stewart Title Guaranty Co
Bargain Sale Deed $40,000 --
Sheriffs Deed $465,620 --
Bargain Sale Deed $479,000 --
Deed $389,000 --
Deed $306,000 --
Deed -- --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,000 New Conventional
Closed $540,000 New Conventional
Previous Owner $243,750 New Conventional
Previous Owner $93,750 Adjustable Rate Mortgage/ARM
Previous Owner $431,100 New Conventional
Previous Owner $350,100 No Value Available
Previous Owner $244,800 No Value Available
Previous Owner $116,000 No Value Available
Source: Public Records

Source: New Jersey MLS

MLS Number: 26005077

New Jersey MLS

APN: 08-03008-0000-00008

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