Listing Details

363 Van Houten St,Paterson City, NJ 07501-2121

  • December 18, 2025

Description

Fantastic opportunity to own a solid income-producing 5-family property, ideal for investors seeking steady cash flow and long-term appreciation. This well-maintained building offers strong rental income potential with a proven history of occupancy. Conveniently located near transportation, shopping, and local amenities, making it highly attractive to tenants. Whether you?re expanding your portfolio or entering the multifamily market, this property delivers reliability, upside potential, and consistent returns. This property has a 5 family green card from state of NJ. All 5 units are 2 bedroom units – currently all rented on a month to month basis.

Details

Last Updated On: December 18th, 2025 at 7:12 pm
Property ID:PT-21219832-AXZR
Offer Type:For Sale
Property Type:Office/Apartments
Price: 1,150,000 $
Year Built:1950

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 37X77
Property Type: Office/Apartments
Lot Identifier: 11

Home Details

Location: Residential Area
Acreage: 0.07
Construction: Wood
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Number of Stories: 3
Number of Units: 5
Max Ceiling Height: 9
Parking Desc: None
Easement/Desc: No
Basmnt/Desc: Yes - Finished
YB/Desc: 1950 - Approximate
Block Identifier: 4201
County Number: 25
Town Number: 2508
Possession: At closing

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Ownership: Fee Simple
Tax ID For Property: 2508-04201-0000-00011-0000-
Tax Amount: $5,135.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2025
Land Assessment: $19,000.00
Building Assessment: $81,800.00
Total Assessment: $100,800.00

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater
Cool System: No Cool
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: multi fam

Statistics

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