For Multi Family

129 Godwin Ave,Paterson City, NJ 07501-1601

January 14, 2026

Large three family property offering strong income potential, able to produce approximately $7000 in monthly rents. Units one and two features three bedrooms, living room, kitchen and full bath. The third floor has one additional bedrooms, living room, kitchen and full bath. Property is in nice condition throughout with forced hot air heating. Ideal opportunity for an investor or an owner-occupant looking to offset their mortgage with rental income. Close to public transportation, major highways, shopping and so much more!

Property ID:PT-24443052-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 649,000 $

Bedrooms:7

Year Built:9999

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 29

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.06

Total Baths: 3.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 14

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: AT CLOSING

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 3

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Smoke Detector

Unit 3 Levels: 1

Unit 3 Rooms: 3

Unit 3 Beds: 1

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 Room Description: Bedrooms, Kitchen, Living Room

Block Identifier: 3515

County Number: 25

Town Number: 2508

YB/Desc: 9999 - Approximate

Easement: No

Parking/Driveway Description: On-Street Parking

Block Identifier: 3515

County Number: 25

Town Number: 2508

Possession: AT CLOSING

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Cool System: None

Water: Public Water

Sewer: Public Sewer

Utilities: Gas In Street

Taxes, Fees & Assessments

Tax ID For Property: 2508-03515-0000-00029-0000-

Tax Amount: $8,019.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $21,800.00

Building Assessment: $135,600.00

Total Assessment: $157,400.00

FHA Age Restricted: No

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Listing Details

129 Godwin Ave,Paterson City, NJ 07501-1601

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