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$999,999

84 Jefferson St, Paterson City NJ, 07522

Built in1920

Property typeCommercial

Overview

Active

Listed May 27, 2026

Updated 3 days ago

Excellent 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 . 24 hours notice needed to arrange with the tenants for showings.

Other Property Details

Taxes: $21,377
Tax Frequency: Annually
Garage: Yes

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

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