Property photo 1
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15 Beds
6 Baths

$999,999

84-88 Jefferson St 5, Paterson City NJ, 07522

Built in1920
Property typeMulti-family

Overview

Active

Listed May 27, 2026

Updated 3 days ago

xcellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All long term tenants.

$6,653/mo

Est. mortgage payment based on a $999,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4030472

Interior Features

Bedrooms
15
Bathrooms
6
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$21,377
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of KELLER WILLIAMS CITY VIEWS REALTY with JOSEPH ONEAL,
Listing Contact: 2015928900 

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