For Multi Family

90 Park Ave,Paterson City, NJ 07501-2223

April 8, 2026

Investor alert ” huge income-producing 3-family located on the Eastside of Paterson featuring high ceilings throughout. Unit 1 offers 3 bedrooms, living room, kitchen, and full bath (vacant). Unit 2 features 4 bedrooms, living room, kitchen, and full bath (vacant). Unit 3 includes 4 bedrooms, living room, kitchen, and full bath (currently month-to-month). The property also offers a partially finished basement with a full bathroom and 3 bonus rooms. Utilities are fully separate with 3 boilers and 4 meters. Conveniently located near NJ Transit trains and direct NYC bus routes with easy access to major highways including I-80, Route 19, and Garden State Parkway ideal for commuters. Whether you’re a first-time buyer looking to live in one unit while generating income from the others, or an investor seeking strong cash flow, this is a great opportunity. Sold as-is.

Property ID:PT-35783549-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 839,000 $

Bedrooms:11

Year Built:1700

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 24X100

Lot Identifier: 7

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2024

Basmnt/Desc: Yes - Finished-Partially, Full

Acreage: 0.06

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 17

Easement/Desc: Unknown

Exterior Description: Aluminum Siding

Roof Description: Flat, Rubberized

Possesion: 0-60

Unit 1 Appliances/Equipment: CarbMDet,CookElec,FireAlrm,SeeRem,OvenSelf,SmokeDet

Unit 1 Levels: 1

Unit 1 Rooms: 5

Unit 1 Beds: 3

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: 1220

Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room, Porch

Unit 2 Appliances/Equipment: CarbMDet,CookElec,FireAlrm,KitExhFn,SeeRem,OvenSelf,SmokeDet

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 4

Unit 2 Baths: 1.0

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

Unit 2 Handicap: No

Unit 2 SqFt: 1228

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

Unit 3 Appliances/Equipment: CarbMDet,CookElec,FireAlrm,KitExhFn,SeeRem,OvenSelf,SmokeDet

Unit 3 Levels: 3

Unit 3 Rooms: 6

Unit 3 Beds: 4

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 1228

Unit 3 Rent: 2700

Unit 3 Room Description: Bedrooms, Kitchen, Living/Dining Room, Porch

Unit 3 Security Deposit: 4050

Block Identifier: 4320

County Number: 25

Town Number: 2508

YB/Desc: 1700 - Renovated

Easement: Unknown

Parking/Driveway Description: None, On-Street Parking

Block Identifier: 4320

County Number: 25

Town Number: 2508

Possession: 0-60

Utilities

Heat Source: Electric, Gas-Natural

Heat System: 3 Units, Baseboard - Electric

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-04320-0000-00007-0000-

Tax Amount: $14,217.00

Tax Year: 2025

Tax Rate: 5.335%

Tax Rate Year: 2025

Land Assessment: $67,600.00

Building Assessment: $656,200.00

Total Assessment: $723,800.00

FHA Age Restricted: No

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Listing Details

90 Park Ave,Paterson City, NJ 07501-2223

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