Listing Details

58 Wayne Ave,Paterson City, NJ 07522-1467

  • November 17, 2025

Description

Investment Property Opportunity!!! This is a rare opportunity to acquire an income generating 5 Family building situated in prime location right next to the beautiful Paterson falls. There are seven garages and an additional four storage units on the property for additional rental income!! This is a corner property with curb appeal. Located in close proximity to shopping stores and transportation.

Details

Last Updated On: November 17th, 2025 at 4:14 pm
Property ID:PT-12125700-AXZR
Offer Type:For Sale
Property Type:Apartment Complex
Price: 1,250,000 $

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 50X100
Lot Description: Corner
Property Type: Apartment Complex
Lot Identifier: 33

Home Details

Location: Residential Area
Acreage: 0.11
Sale Includes: Building & Land
Construction: Brick/Block
Exterior Description: Vinyl Siding
Number of Stories: 2
Number of Units: 5
Parking Desc: Assigned
Easement/Desc: Unknown
Basmnt/Desc: Yes - Unfinished
Block Identifier: 1405
County Number: 25
Town Number: 2508
Possession: 0-30

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Financial Statement, Leases
Ownership: Fee Simple
Tax ID For Property: 2508-01405-0000-00033-0000-
Tax Amount: $14,790.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2025
Land Assessment: $59,100.00
Building Assessment: $231,200.00
Total Assessment: $290,300.00

Utilities

Equipment Available: Smoke Detector
Heat Source: Gas-Natural
Heat System: 4+ Units
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Other

Zoning: R3

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