41-43 Paterson Avenue

Paterson, NJ 07522

$899,999
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This mixed-use property offers a unique blend of residential and commercial spaces, combining the convenience of apartment living with the functionality of a spacious warehouse. The structure features four well-appointed 880 square footone-bedroom apartments, each complete with a living room, dining room, kitchen, and private bathroom. Residents will appreciate the designated covered carport, ensuring hassle-free parking. In addition to the residential units, the property boasts a sizable 1875 square...This mixed-use property offers a unique blend of residential and commercial spaces, combining the convenience of apartment living with the functionality of a spacious warehouse. The structure features four well-appointed 880 square footone-bedroom apartments, each complete with a living room, dining room, kitchen, and private bathroom. Residents will appreciate the designated covered carport, ensuring hassle-free parking. In addition to the residential units, the property boasts a sizable 1875 square foot warehouse, providing ample space for various commercial or storage needs. Situated in a highly desirable area, with schools within walking distance, this property offers a prime location for both living and professionals alike. Its versatile layout and convenient amenities make it an attractive investment opportunity for those seeking a balance between residential and commercial spaces. Apartment B is vacant to make viewing easier. All apartments are the same setup.
  1. Listed by Giovanna A. Meli • Coldwell Banker, Wayne • (973) 694-8000
  2. Listed by Neat Camili • Coldwell Banker, Wayne

Property Details for 41-43 Paterson Avenue

Style
Com/Com Mixed
Sub style
Rtl/Inds

Location

Listing Courtesy of Coldwell Banker, Wayne, Giovanna A. Meli; Coldwell Banker, Wayne, Neat Camili
Add your commute
LISTING UPDATED: 04/16/2024 08:46 AM

Property Details for 41-43 Paterson Avenue

StatusUnder Contract
MLS #23032673
Days on Market176
Taxes$21,655 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Com/Com Mixed
Year Built-
Lot Size-
CountyPassaic County

Location

Listing Courtesy of Coldwell Banker, Wayne, Giovanna A. Meli; Coldwell Banker, Wayne, Neat Camili
Add your commute

Building Information for 41-43 Paterson Avenue

Stories2Residences4Year Built-Lot Size-

Payment Calculator

$6,716 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,912

Property Taxes

$1,805

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41-43 Paterson Avenue

Summary
Location and General Information
  • Area: 1608
  • Area name: Paterson
  • Directions: Totowa Ave to Paterson
  • Street Name: Paterson
  • County Name: PASSAIC
  • Status: UNDER CONTRACT
  • Zip Code: 07522
Taxes and HOA Information
  • Tax: $21,655
Property
Lot Information
  • Lot: 00015
  • Year Built: 1960's
  • Propertype ro: Munincipal Water
  • Block: 01408
Property and Assessments
  • Photo: Y
  • Photo Number: 16
Interior and Exterior Features
Interior Features
  • Number of Units: 4
  • Number Of Stories: 2
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Flat
  • Number of Elevator: 0
Multi Family
Multi-Family Information
  • No of Common units: 1
  • No1 Bedroom units: 4
Income & Expenses Information
  • Gross Income: $88,800.00
  • Net Income: $55,530.00
  • Gross expenses: $33,270.00
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $899,999.00
  • Listing Date: 10-23-2023
  • Pending Date: 04-16-2024
  • Status Date: 04-16-2024
Showing Information
  • Internet Remarks: This mixed-use property offers a unique blend of residential and commercial spaces, combining the convenience of apartment living with the functionality of a spacious warehouse. The structure features four well-appointed 880 square footone-bedroom apartments, each complete with a living room, dining room, kitchen, and private bathroom. Residents will appreciate the designated covered carport, ensuring hassle-free parking. In addition to the residential units, the property boasts a sizable 1875 square foot warehouse, providing ample space for various commercial or storage needs. Situated in a highly desirable area, with schools within walking distance, this property offers a prime location for both living and professionals alike. Its versatile layout and convenient amenities make it an attractive investment opportunity for those seeking a balance between residential and commercial spaces. Apartment B is vacant to make viewing easier. All apartments are the same setup.
Rental
Rental Information
  • Owner pays: Water

Property History for 41-43 Paterson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 41-43 Paterson Avenue

Taxable ValueLand$59,100Additions$407,400Total$466,500
Tax Record2022$21,655 ($1,805 / month)
Home Facts
Total Finished SqFt5,246 SqFtAbove Grade Finished SqFt5,246 SqFtStories1Lot Size5,000 SqFtStyleMiscellaneous CommercialZoningR-3CountyPASSAICAPN08 01408-0000-00015

Schools near 41-43 Paterson Avenue

This home is within Paterson Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 3
Public - PK to 5
Public - K to 5
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 27
PublicPK to 5

School 5
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Listing Courtesy of Coldwell Banker, Wayne, Giovanna A. Meli; Coldwell Banker, Wayne, Neat Camili

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/27/2024 05:10 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.