84-88 Jefferson St
Paterson City, NJ 07522
Price: $999,999
GSMLS: 4030472Type: Multi-Family
Style: See Remarks
Total Units: 4
Beds: 15
Baths: 6 Full
Garage: No
Year Built: 1920
Acres: 0.11
Property Tax: $21,377
Description
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.
General Info
Style:
See Remarks
SqFt Building:
n/a
Total Rooms:
29
Basement:
Yes - Bilco-Style Door
Interior:
Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Stone, Vinyl Siding
Lot Size:
39X121
Lot Desc:
Corner, Irregular Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Parking Lot-Exclusive
Spaces Available:
8
Unit 1
Bedrooms:
4
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Fire Alarm System, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air, Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
Cable TV
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:
$999,999
Tax Amount:
$21,377
Land Assessment:
$210,900
Build. Assessment:
$552,800
Total Assessment:
$763,700
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4030472
List Date:
05-27-2026
Days On Market:
3
Listing Broker:
KELLER WILLIAMS CITY VIEWS REALTY
Listing Agent:
Joseph Oneal
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
