Listing Details

196 Beech St,Paterson City, NJ 07501-3419

  • October 24, 2025

Description

Welcome to Beech Street in Paterson: Spectacular Investment Opportunity – this fully occupied 7-unit building offers strong financials with solid income and low expenses. Features include some off-street parking, separate utilities and incredible upside as a value-add property with endless potential. Ideally located with immediate highway access and just minutes from the hospital, restaurants, retail, public transportation and more. A true gem for any investor!

Details

Last Updated On: October 24th, 2025 at 2:13 pm
Property ID:PT-6185023-AXZR
Offer Type:For Sale
Property Type:Apartment Complex
Price: 1,295,000 $
Year Built:1900

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 2500
Lot Description: Corner
Property Type: Apartment Complex
Lot Identifier: 19

Home Details

Location: Corner, Residential Area
Acreage: 0.06
Sale Includes: Building Only
Exterior Description: Aluminum
Number of Garage Spaces: 2
Number of Stories: 3
Number of Units: 7
Number of Lavatories: 7
Parking Desc: 1 Car Width
Easement/Desc: No
Basmnt/Desc: Yes - Unfinished
YB/Desc: 1900 - Standing
Block Identifier: 6007
County Number: 25
Town Number: 2508
Possession: at Closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Income & Expenses
Ownership: Fee Simple
Tax ID For Property: 2508-06007-0000-00019-0000-
Tax Amount: $18,168.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2024
Land Assessment: $51,300.00
Building Assessment: $305,300.00
Total Assessment: $356,600.00

Utilities

Heat Source: Gas-Natural
Heat System: 4+ Units
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Other

Zoning: Residential

Statistics

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