For Multi Family

32 Elm St,Paterson City, NJ 07501-2686

January 8, 2026

Great Investment Opportunity in PatersonWell-maintained 3-family property located in a desirable neighborhood. 4 bedrooms, 2 full baths, each unit, with all units fully rented, providing immediate cash flow.The property features a walk-out basement, along with a good-sized backyard. Conveniently located near schools, shopping, and parks, making it attractive to long-term tenants.A solid opportunity for investors seeking steady income in a high-demand area.

Property ID:PT-23751237-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 975,000 $

Bedrooms:12

Year Built:1910

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 11

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Finished-Partially, Partial, Walkout

Acreage: 0.06

Total Baths: 6.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 22

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: 30

Unit 1 Appliances/Equipment: CarbMDet,CookGas,RgOvGas,SmokeDet

Unit 1 Levels: 1

Unit 1 Rooms: 9

Unit 1 Beds: 4

Unit 1 Baths: 2.0

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

Unit 1 Handicap: No

Unit 1 SqFt: 875

Unit 1 Rent: 9999

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

Unit 1 Security Deposit: 9999

Unit 2 Appliances/Equipment: CarbMDet,CookGas,RgOvGas,SmokeDet

Unit 2 Levels: 2

Unit 2 Rooms: 9

Unit 2 Beds: 4

Unit 2 Baths: 2.0

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

Unit 2 Handicap: No

Unit 2 SqFt: 875

Unit 2 Rent: 9999

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

Unit 2 Security Deposit: 9999

Unit 3 Appliances/Equipment: CarbMDet,CookGas,RgOvGas,SmokeDet

Unit 3 Levels: 3

Unit 3 Rooms: 9

Unit 3 Beds: 4

Unit 3 Baths: 2.0

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

Unit 3 Handicap: No

Unit 3 SqFt: 875

Unit 3 Rent: 9999

Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 3 Security Deposit: 9999

Block Identifier: 4705

County Number: 25

Town Number: 2508

YB/Desc: 1910 - Approximate

Easement: Unknown

Parking/Driveway Description: None, On-Street Parking

Block Identifier: 4705

County Number: 25

Town Number: 2508

Possession: 30

Taxes, Fees & Assessments

Gross Operating Income: 9999

Net Operating Income: 9999

Tax ID For Property: 2508-04705-0000-00011-0000-

Tax Amount: $11,193.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $21,900.00

Building Assessment: $197,800.00

Total Assessment: $219,700.00

FHA Age Restricted: No

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: 3 Units, Baseboard - Hotwater

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

32 Elm St,Paterson City, NJ 07501-2686

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