2 Park Place

Paterson, NJ 07524

$800,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great Investment 4 units Property, fully rented, separate utilities, has parking space, 2 bedrooms each unitGreat Investment 4 units Property, fully rented, separate utilities, has parking space, 2 bedrooms each unit
  1. Listed by JOSE GIGNOUX • UNITED REAL ESTATE

Property Details for 2 Park Place

Directions
River St to May St to Highland St
Days On Market
18
LISTING UPDATED: 11/18/2024 08:18 AM

Property Details for 2 Park Place

StatusActive
MLS #3932148
Days on Market27
Taxes$8,683 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1940
Lot Size0.05 AC / 2,178 SF
CountyPassaic County

Building Information for 2 Park Place

Stories-Residences4Year Built1940Building Size-Lot Size0.05 AC / 2,178 SF

Property Information for 2 Park Place

Summary
Location and General Information
  • Active Days on Market: 18
  • Renovated Year: 2022
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 2916
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • # Parking Spaces: 2
  • County Or Parish: Passaic
  • Street Name: Park Pl
  • Zip Code: 07524-1716
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,683
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 177100.0
  • Tax ID For Property: 2508-02916-0000-00007-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width
Property
Lot Information
  • Lot Identifier: 7
  • Approximate Lot Size: 52X40
  • Total Acres: 0.05
  • Construction Date/Year Built: 1940
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 155600.0
  • Assessment Land: 21500.0
Utilities
  • Cooling: Wall A/C Unit(s), Window A/C(s)
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas
  • Heating: Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1500.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 1500.0
  • Unit 1 Sq Ft: 700.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1500.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 1500.0
  • Unit 2 Sq Ft: 700.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1500.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 1500.0
  • Unit 3 Sq Ft: 700.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 2.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 1500.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 1500.0
  • Unit 4 Sq Ft: 700.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $11,731.00
  • Net Operating Income: $60,269.00
  • Gross Operating Income: $72,000.00

Property History for 2 Park Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2 Park Place

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 - K 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 10
PublicK 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.

Similar Homes

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Similar Sold Homes

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2 Park Place is a multi-family home for sale in Paterson, NJ 07524. This property was listed for sale on October 31, 2024 by UNITED REAL ESTATE, it's currently listed at $800,000. 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. 2 Park Place is a 8-bed, 4-bath, multi-family home built in 1940.

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 UNITED REAL ESTATE, JOSE GIGNOUX

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: 11/27/2024 08:26 AM. 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: 11/27/2024 08:26 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.