For Multi Family

427 Summer St,Paterson City, NJ 07501

February 16, 2026

Welcome to 427 Summer Street in the heart of Paterson ? a rare and exceptional investment opportunity! This expansive 9-bedroom, 5-bath multi-family property offers generous living space, strong income potential, and incredible versatility for investors or owner-occupants alike.Each unit features well-proportioned bedrooms, ample natural light, and functional layouts designed for comfortable living. With five full bathrooms, the property easily accommodates large households while providing convenience and privacy for tenants. The sizable interior offers flexibility for rental optimization or multi-generational living.Situated on Summer Street, this property benefits from close proximity to major highways, public transportation, shopping, schools, and local parks. Its prime location in Paterson ensures consistent rental demand and long-term growth potential.Whether you’re looking to expand your portfolio or secure a high-capacity income-producing property, 427 Summer Street presents a compelling opportunity with substantial upside.Schedule your private showing today and explore the possibilities this impressive multi-family home has to offer!

Property ID:PT-28604609-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 599,999 $

Bedrooms:9

Year Built:1930

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 12

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.06

Total Baths: 5.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 13

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: 0-30

Unit 1 Appliances/Equipment: CookGas,FireAlrm,KitExhFn,Microwav,Refrig,Sat/Ant,SecurSys,SeeRem

Unit 1 Levels: 1

Unit 1 Rooms: 7

Unit 1 Beds: 5

Unit 1 Baths: 3.0

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

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room

Unit 2 Appliances/Equipment: CookGas,FireAlrm,KitExhFn,Microwav,Refrig,Sat/Ant,SecurSys,SeeRem

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 4

Unit 2 Baths: 2.0

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

Unit 2 Handicap: No

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room

Block Identifier: 6307

County Number: 25

Town Number: 2508

YB/Desc: 1930 - Approximate

Easement: Unknown

Parking/Driveway Description: Off-Street Parking

Block Identifier: 6307

County Number: 25

Town Number: 2508

Possession: 0-30

Utilities

Heat Source: Gas-Natural, Solar-Leased

Heat System: Baseboard - Hotwater

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-06307-0000-00012-0000-

Tax Amount: $8,050.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $20,800.00

Building Assessment: $137,200.00

Total Assessment: $158,000.00

FHA Age Restricted: No

Type *

Date *

Time *

Your Name *

Phone *

Email *

Your Message *

For Multi Family

Multi-Family

11 N 5Th St,Paterson City, NJ 07522-2053

680,000 $

N 5Th St, Paterson City, Passaic

Beds 6

For Multi Family

Multi-Family

170 Spring St,Passaic City, NJ 07055-4451

3,000 $

Spring St, Passaic City, Passaic

Beds 3

For Multi Family

Multi-Family

51 Ampere Pkwy,East Orange City, NJ 07017-5404

799,999 $

Ampere Pkwy, East Orange City, Essex

Beds 8

For Multi Family

Multi-Family

409 Boonton Ave,Boonton Town, NJ 07005-1507

749,900 $

Boonton Ave, Boonton Town, Morris

Beds 6

For Multi Family

Multi-Family

230 Rea Ave,Hawthorne Boro, NJ 07506

769,000 $

Rea Ave, Hawthorne Boro, Passaic

Beds 5

For Multi Family

Multi-Family

302 Belmont Ave,Belleville Twp., NJ 07109-4190

859,000 $

Belmont Ave, Belleville Twp., Essex

Beds 11

599,999 $

17 Views
0 Rating
0 Favorites
0 Share
0 Comments
0 Likes
0 Love
0 Dislike

+01-123-4567

Listing Details

427 Summer St,Paterson City, NJ 07501

Description

Details