448 21st Avenue

Paterson, NJ 07513

$680,000
Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exceptional Investment Opportunity - Renovated, High-Yield Property. This beautifully renovated property, updated in 2020, is an investor's dream. In excellent condition and completely move-in ready, it has been meticulously maintained and offers outstanding potential for immediate returns. The home is not owner-occupied, making it ideal for generating passive income with minimal effort. Featuring an aggressive cap rate, this property stands out as a lucrative addition to any portfolio. Its combination...Exceptional Investment Opportunity - Renovated, High-Yield Property. This beautifully renovated property, updated in 2020, is an investor's dream. In excellent condition and completely move-in ready, it has been meticulously maintained and offers outstanding potential for immediate returns. The home is not owner-occupied, making it ideal for generating passive income with minimal effort. Featuring an aggressive cap rate, this property stands out as a lucrative addition to any portfolio. Its combination of modern upgrades, including a new roof, boiler, HWH and great condition ensures long-term value and consistent rental demand. Secure this rare opportunity and maximize your investment returns today.
  1. Listed by JOHN P KALLBACK • KELLER WILLIAMS CITY VIEWS

Property Details for 448 21st Avenue

Directions
Madison Ave to 21st Ave
Days On Market
19
LISTING UPDATED: 12/09/2024 03:06 PM

Property Details for 448 21st Avenue

StatusUnder Contract
MLS #3935401
Days on Market19
Taxes$10,890 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built1940
Lot Size0.06 AC / 2,613 SF
CountyPassaic County

Building Information for 448 21st Avenue

Stories-Residences2Year Built1940Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 448 21st Avenue

Summary
Location and General Information
  • Active Days on Market: 19
  • Renovated Year: 2023
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 8915
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • Street # Display: 448.0
  • # Parking Spaces: 0
  • County Or Parish: Passaic
  • Street Name: 21st Ave
  • Zip Code: 07513-3602
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,890
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 222100.0
  • Tax ID For Property: 2508-08915-0000-00003-0000-
  • Tax Rate Amount: $5
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 3
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 1940
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 188600.0
  • Assessment Land: 33500.0
Utilities
  • Cooling: Window A/C(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric, Gas
  • Heating: 2 Units, Baseboard - Electric, Baseboard - Hotwater
  • Fuel Type: Electric, 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: Finished, Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • 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: 3300.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 3300.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • 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: 2900.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Unit 2 Rooms: 7.0
  • Unit 2 Security Deposit: 2900.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 448 21st 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 448 21st Avenue

Taxable ValueLand$33,500Additions$188,600Total$222,100
Tax Record2023$10,890 ($907 / month)
Home Facts
Beds0Total Finished SqFt2,696 SqFtAbove Grade Finished SqFt2,696 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceCountyPASSAICAPN08 08915-0000-00003

Schools near 448 21st 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 - PK 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 24
PublicPK 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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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 KELLER WILLIAMS CITY VIEWS, JOHN P KALLBACK

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: 12/26/2024 06:24 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: 12/26/2024 06:24 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.