18 2nd Ave
Paterson City, NJ 07524
Price: $875,000
GSMLS: 3966076Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 6
Baths: 4 Full
Garage: 2-Car
Year Built: 1991
Acres: 0.11
Property Tax: $9,950
Description
Prime Investment Opportunity In Paterson!welcome To 18-20 2nd Ave ? A Spacious 2-family Property With Strong Income Potential. Situated On A Double Lot, This Property Offers The Unique Opportunity To Subdivide The Second Lot For Future Development Or Expansion. Both Units Feature Generous Layouts, Perfect For Maximizing Rental Income. Whether You're A Seasoned Investor Or Just Starting Out, This Is A Rare Chance To Own In A High-demand Rental Area With Room To Grow.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Finished
Interior:
Carbon Monoxide Detector, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
8
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas,SmokeDet
Utilities:
Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
Utility Room
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
No
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
2 Units
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$875,000
Tax Amount:
$9,950
Land Assessment:
$53,100
Build. Assessment:
$142,200
Total Assessment:
$195,300
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3966076
List Date:
05-29-2025
Days On Market:
10
Listing Broker:
REALTY ONE GROUP PRODIGY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com
