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81 George St

Paterson City, NJ 07503
  • $499,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 3932340
UPDATED: 86 min ago
$499,000
  • 5
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:
Passaic
Area:
Paterson City

School Ratings & Info

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Description

Excellent opportunity to purchase a 2 family in a highly desirable section of Paterson. Fully rented with HUGE upside potential. Large back yard. 3 bedrooms on first floor, 2 bedrooms on second floor.

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T11:46:14.023.
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81 George St Paterson City, NJ 07503

  • Price: $499,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 86 min ago
  • MLS #: 3932340
5
Beds
2
Baths
0
½ Baths
0.06
Acres
1920
Built
County:
Passaic
Area:
Paterson City
Property Description
Excellent opportunity to purchase a 2 family in a highly desirable section of Paterson. Fully rented with HUGE upside potential. Large back yard. 3 bedrooms on first floor, 2 bedrooms on second floor.
Exterior Features

Approximate Lot Size 25X100 Exterior Description BrickVinyl Siding Exterior Features CurbsMetal FenceOpen Porch(es)Storm Window(s)Wood Fence Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorUnfinished Cooling Window A/C(s) Heating 2 UnitsBaseboard - Hotwater Interior Features Fire ExtinguisherSmoke DetectorTile FloorsWood Floors Total Number Of Rooms 11 Unit1 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigeratorSelf-Cleaning OvenSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit1 Rooms 6 Unit1 Security Deposit 1394 Unit1 Sq Ft 900 Unit2 Appliances Equipment Carbon Monoxide DetectorMicrowave OvenRange/Oven - GasRefrigeratorSelf-Cleaning OvenSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 5 Unit2 Sq Ft 850

Property Features

Assessment Total 168800 Building Assessment 132500 Easement No Expenses Include Cold Water Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 31956 Land Assessment 36300 Net Operating Income 30434 Sewer Public Sewer Tax Amount 8276 Tax Rate Amount 4.903 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 1522 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1394 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1269 Unit2 Security Deposit 1269 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Unknown

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of PROMINENT PROPERTIES SIR: 908-654-6666.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T11:46:14.023.
 
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