Listing Details

217 Lawrence St,Paterson City, NJ 07501-1130

  • April 27, 2026

Description

BACK ON THE MARKET!! Rare Opportunity to own an Oversized 2-Family on Quiet Dead-End Street with Massive Parking & Expansion Potential!Attention investors, contractors, and savvy owner-occupants: this substantial two-family residence offers a compelling value-add project in an increasingly rare Paterson setting. Situated on a quiet dead-end street, this property combines peaceful residential living with significant long-term upside. Each unit features a classic, spacious floor plan including a formal living room, formal dining room, three bedrooms, and one full bath. The home is further enhanced by a full-footprint unfinished attic and a high-ceiling basement, providing incredible potential for additional living space, storage, or future value creation, subject to municipal approvals. This property also features exceptional and extensive off-street parking capable of accommodating multiple vehicles with ease a premium and highly sought-after amenity that drives tenant demand and property value in this market. The home requires TLC and is perfectly suited for those looking to build sweat equity or execute a strategic renovation. With the right vision, this asset is poised to become a high-performing income-producing property or a premier residence with expansive, flexible living quarters. The property is being sold strictly AS-IS. Bring your contractor and your vision to unlock the significant equity waiting in this oversized residence and schedule your showing today!

Details

Last Updated On: April 27th, 2026 at 3:31 pm
Property ID:PT-38736534-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 639,900 $
Bedrooms:6
Year Built:1940

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 37X100
Lot Identifier: 50
Lot Description: Level Lot
Lot Identifier: 50

Home Details

Open Parking: 5
Basement: Yes
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.08
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 12
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: AT CLOSING
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 6
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, Dining Room, Kitchen, Living Room, Porch
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Levels: 1
Unit 2 Rooms: 6
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, Dining Room, Kitchen, Living Room, Porch
Garage Description: None
Block Identifier: 3202
County Number: 25
Town Number: 2508
YB/Desc: 1940 - Approximate
Easement: Unknown
Parking/Driveway Description: 1 Car Width, Additional Parking, Off-Street Parking
Block Identifier: 3202
County Number: 25
Town Number: 2508
Possession: AT CLOSING

Taxes, Fees & Assessments

Warranty: No
Tax ID For Property: 2508-03202-0000-00050-0000-
Tax Amount: $11,422.00
Tax Year: 2025
Tax Rate: 5.335%
Tax Rate Year: 2025
Farm Assessment: No
Land Assessment: $101,000.00
Building Assessment: $423,500.00
Total Assessment: $524,500.00
FHA Age Restricted: No

Utilities

Water Heater: Gas
Heat Source: Gas-Natural
Heat System: 2 Units
Cool System: None
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas In Street, Gas-Natural

Features

  • Carbon Monoxide Detector
  • See Remarks
  • Sidewalk
  • Smoke Detector

Statistics

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