102-104 3rd Avenue

Paterson, NJ 07514

$1,200,000
Price
10
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,500.00 for all the units. The cap rate is close to 11%.This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,500.00 for all the units. The cap rate is close to 11%.
  1. Listed by John G. Susani • Coldwell Banker Susani • (973) 790-6996

Property Details for 102-104 3rd Avenue

Style
4 Family
Sub style
Other
Waterfront
None
Garage
Attached
LISTING UPDATED: 06/28/2024 12:00 PM

Property Details for 102-104 3rd Avenue

StatusActive
MLS #24020016
Days on Market156
Taxes$19,600 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 4 Family
Year Built-
Lot Size0.11 AC / 5,001 SF
CountyPassaic County

Building Information for 102-104 3rd Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.11 AC / 5,001 SF

Property Information for 102-104 3rd Avenue

Summary
Location and General Information
  • Area: 1608
  • Area name: Paterson
  • Flood plain: None
  • Street Name: 3rd
  • County Name: PASSAIC
  • Status: ACTIVE
  • Zip Code: 07514
Taxes and HOA Information
  • Tax: $19,600
Owner
  • Ownership: Private
Property
Lot Information
  • Lot size: 5001.0
  • Lot: 00013
  • Year Built: 1900-1939
  • Views exposure: None
  • Lot Description: Irregular
  • Miscellaneous: Hdwd As In, Strms/Scrns
  • Block: 02409
Property and Assessments
  • Photo: Y
  • Photo Number: 8
  • CourtAppYN: No
Utilities
  • Sewer: Municipal
  • Utilities: Sep Elec, Sep Gas, Sep Heat
  • Heatcool: Electric, Gas, Hot Water
  • Cooling Type: Electric, Gas, Hot Water
Interior and Exterior Features
Interior Features
  • Bedrooms: 10
  • Baths full: 4
  • Baths partial: 0
  • Ground Floor: Restaurant
  • Floor 1St: Lr, Dr, Eik, Bath, Br, Br, Br, Br, Br. Br, 2 Bath
  • Floor 2Nd: Lr, Eik, Bath, Br, Br.
  • Floor 3Rd: Lr, kit, Bath, Br.
  • Basement: Partial
  • Number of rooms: 18
  • Laundry: None
  • Lifestyle: Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
  • Full Baths Total: 4
  • Num of Baths: 4.0
Exterior Features
  • Fireplace: None
Agent
Sale and Listing Information
  • Search Class: 2to4
  • List Price: $1,200,000.00
  • Listing Date: 06-20-2024
  • Status Date: 06-21-2024
Showing Information
  • Internet Remarks: This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,500.00 for all the units. THE CAP RATE IS CLOSE TO 11%.

Property History for 102-104 3rd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 102-104 3rd Avenue

Taxable ValueLand$47,200Additions$150,600Total$197,800
Tax Record2022$9,182 ($765 / month)
Home Facts
Beds0Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtStories2Lot Size5,000 SqFtStyleSingle Family ResidenceCountyPASSAICAPN08 02409-0000-00013

Schools near 102-104 3rd Avenue

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - 1 to 8
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 15
PublicPK to 5

School 18
Public1 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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102-104 3rd Avenue is a multi-family home for sale in Paterson, NJ 07514. This property was listed for sale on June 20, 2024 by Coldwell Banker Susani, it's currently listed at $1,200,000. This listing's school district is Paterson Public School District. Nearby schools include Dale Avenue Elementary School, Edward W. Kilpatrick Elementary School and School 15. 102-104 3rd Avenue is a 10-bed, 4-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Susani, John G. Susani

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 11/23/2024 03:04 PM. Source: New Jersey Multiple Listing Service, Inc. © 2024 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 11/23/2024 03:04 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.