For Multi Family

433 Preakness Ave,Paterson City, NJ 07502-1100

April 27, 2026

Beautiful Duplex home on the border of Paterson going towards Wayne. First apt features a 2 bedrooms and full bathroom on the 2nd fl., first fl. has kitchen, half bathroom, dining room and living room leading to the deck, also has a finished basement with a laundry room.Second apt also has 2 bedrooms and full bathroom on the 2nd fl. with kitchen, half bathroom, dining room and living room on the 1st fl. Hot Forced air for heating and wall units/window AC for cooling. Driveway has enough room for 4 cars for parking. Near shopping, schools, places of Worship, restaurants, and minutes from the highway

Property ID:PT-38836586-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 649,999 $

Bedrooms:4

Year Built:1960

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 41X120

Lot Identifier: 10

Home Details

Open Parking: 4

Basement: Yes

Basmnt/Desc: Yes - Finished

Acreage: 0.11

Total Baths: 2.20

Unit Style: Duplex-Side by Side

Number of Units: 2

Rooms: 9

Easement/Desc: No

Exterior Description: Aluminum Siding, Brick

Roof Description: Asphalt Shingle

Possesion: IMMED

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer

Unit 1 Levels: 3

Unit 1 Rooms: 5

Unit 1 Beds: 2

Unit 1 Baths: 1.5

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

Unit 1 Handicap: No

Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room, Pantry, Storage

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.5

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

Unit 2 Handicap: No

Unit 2 Rent: 2000

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living/Dining Room, Pantry

Unit 2 Security Deposit: 2400

Garage Description: Attached Garage

Number of Garage Spaces: 2

Block Identifier: 1210

County Number: 25

Town Number: 2508

YB/Desc: 1960 - Approximate

Easement: No

Parking/Driveway Description: 2 Car Width

Block Identifier: 1210

County Number: 25

Town Number: 2508

Possession: IMMED

Taxes, Fees & Assessments

Gross Operating Income: 24000

Net Operating Income: 10220

Expense Include: Taxes

Warranty: No

Tax ID For Property: 2508-01210-0000-00010-0000-

Tax Amount: $13,780.00

Tax Year: 2025

Tax Rate: 5.335%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $100,200.00

Building Assessment: $200,400.00

Total Assessment: $300,600.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Forced Hot Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

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Listing Details

433 Preakness Ave,Paterson City, NJ 07502-1100

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