For Multi Family

61 Sassafras St,Paterson City, NJ 07524-1733

February 20, 2026

Welcome to this recently updated multifamily property in the heart if the Riverside section of Paterson that is being revitalized. This property promises strong rental returns for an investor or owner-occupant who wishes to collect rental income to offset their mortgage! The property consists of a total of 5 bedrooms and 3 full bathrooms. Unit 1 consists of 2 bedrooms and 1 full bath. Vinyl plank flooring throughout and stainless-steel appliances. This unit has direct access to the basement with 2 bonus rooms for added living space. Unit 2 is duplex style 2 floors of living space! The main level mirrors unit 1, new stainless-steel appliances and recently refreshed for its new occupants. This unit also has its own private deck with direct access to the backyard from the unit. All major components have been replaced over the span of 7 years keeping maintenance costs low. Book your showing today.

Property ID:PT-29078813-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 499,000 $

Bedrooms:5

Year Built:1940

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X112

Lot Identifier: 14

Lot Description: Level Lot

Lot Identifier: 14

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2020

Basmnt/Desc: Yes - Bilco-Style Door, Finished-Partially, Full

Acreage: 0.06

Total Baths: 3.00

Unit Style: 3-Three Story, Under/Over

Number of Units: 2

Rooms: 11

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: 0-30

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

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 2

Unit 1 Baths: 1.0

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

Unit 1 Handicap: No

Unit 1 SqFt: 700

Unit 1 Rent: 1650

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

Unit 1 Security Deposit: 1650

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 7

Unit 2 Beds: 3

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: 1076

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

Color of Building: beige

Garage Description: None, On-Street Parking

Block Identifier: 2916

County Number: 25

Town Number: 2508

YB/Desc: 1940 - Renovated

Color of Building: beige

Easement: No

Parking/Driveway Description: None

Block Identifier: 2916

County Number: 25

Town Number: 2508

Possession: 0-30

Taxes, Fees & Assessments

Expense Include: Cold Water, Taxes

Warranty: No

Tax ID For Property: 2508-02916-0000-00014-0000-

Tax Amount: $6,108.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Farm Assessment: No

Land Assessment: $22,600.00

Building Assessment: $97,300.00

Total Assessment: $119,900.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units, Forced Hot Air

Cool System: None,SeeRem

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

61 Sassafras St,Paterson City, NJ 07524-1733

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