Listing Notes
Exceptional investment opportunity! This well-maintained 4-family property offers strong income potential in a highly desirable section of Paterson, just 3 blocks from Fair Lawn. Each of the four units features 2 bedrooms and 1 full bath, making it ideal for steady rental demand. The property also includes an unfinished basement with excellent potential-perfect for future finishing or possible owner-occupancy (subject to approvals). A 2-car garage provides additional income, as it is currently rented, and the oversized lot offers ample space and flexibility. One unit has been recently updated, adding immediate value for the next owner. Conveniently located just 2 blocks from NYC transportation, and close to shopping, houses of worship, Route 4, and Interstate 80, this property is perfectly positioned for both tenants and investors. Don't miss this rare opportunity to own a high-performing multi-family in a prime commuter-friendly location!
Price in context
Cheaper than 8% of the 24 homes listed nearby right now, which run $525,000 to $919,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 4-16 Bergen Ave | $525,000 | 3 bd · 1 ba |
| 184 E 22nd St | $549,000 | 4 bd · 4 ba |
| 74 E 13th St | $550,000 | 4 bd · 3 ba |
| 57 Highland St | $550,000 | 6 bd · 4 ba |
| 7-13 Henderson Blvd | $569,999 | 3 bd · 2 ba |
| 112 4th Ave | $599,900 | 5 bd · 3 ba |
| 205 Madison Ave | $600,000 | 6 bd · 3 ba |
| 401 E 19th St | $640,000 | 6 bd · 4 ba |
| 394 E 25th St | $649,000 | 6 bd · 3 ba |
| 329 E 18th St | $649,900 | 7 bd · 3 ba |
| 260 E 22nd St | $675,000 | 3 bd · 3 ba |
| 258 E 22nd St | $675,000 | 3 bd · 3 ba |
| 7 Maitland Ave | $675,000 | 3 bd · 3 ba |
| 377 5th Ave Unit 1 | $675,999 | 5 bd · 3 ba |
| 77 Madison Ave | $699,000 | 6 bd · 2 ba |
| 2-02 Fair Lawn Ave | $699,000 | 4 bd · 3 ba |
| 79 E 22nd St | $700,000 | 5 bd · 4 ba |
| 8 Royal Ave | $789,000 | 5 bd · 3 ba |
| 7-45 Richard St | $799,000 | 3 bd · 3 ba |
| 182A E 25th St | $811,900 | 2 bd · 3 ba |
| 182 E 25th St Unit A | $811,900 | 2 bd · 3 ba |
| 376 5th Ave | $895,900 | 3 bd · 3 ba |
| 174 E 16th St | $899,999 | 8 bd · 6 ba |
| 6 Lamring Dr | $919,000 | 4 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more