68 North 7th Street

Paterson, NJ 07522

$380,000
Last Sold Price
8
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This multiple family property consists of two 3 bedroom units on the first and 2nd floor w/ kitchens and living rooms and a bonus 3rd floor attic 2 bedroom unit. All floors have been recently renovated and property has potential for very strong rent roll. Each floor has separate utilities with gas baseboard heat on the first floor and electric baseboard on the 2nd and 3rd floor. Property also has a nice private backyard. 1st floor and top floor are vacant 2nd floor is month to month. The property...This multiple family property consists of two 3 bedroom units on the first and 2nd floor w/ kitchens and living rooms and a bonus 3rd floor attic 2 bedroom unit. All floors have been recently renovated and property has potential for very strong rent roll. Each floor has separate utilities with gas baseboard heat on the first floor and electric baseboard on the 2nd and 3rd floor. Property also has a nice private backyard. 1st floor and top floor are vacant 2nd floor is month to month. The property is priced to sell and is being sold as is. Perfect for and investor or owner occupant, come take a look you will be impressed. Being sold as-is.
  1. Listed by CHRISTOPHER LEOPIZZI • LEOPIZZI REAL ESTATE AGENCY

Property Details for 68 North 7th Street

Directions
Belmont Ave. to N 7th
Days On Market
10

Location

Add your commute
LISTING UPDATED: 09/13/2023 03:03 AM

Property Details for 68 North 7th Street

StatusSold
MLS #3798429
Days on Market10
Taxes$8,170 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built9999
Lot Size0.06 AC / 2,613 SF
CountyPassaic County

Location

Add your commute

Building Information for 68 North 7th Street

Stories-Residences2Year Built9999Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$2,755 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,074

Property Taxes

$681

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 68 North 7th Street

Summary
Location and General Information
  • Active Days on Market: 10
  • County #: Passaic
  • Town Name: Paterson City
  • Block Identifier: 301
  • Listing Type: Exclusive Right to Sell
  • Town #: 2508.0
  • Street # Display: 68.0
  • # Parking Spaces: 0
  • County Or Parish: Passaic
  • Street Name: N 7Th St
  • Zip Code: 07522-1103
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,170
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 195700.0
  • Tax ID For Property: 2508-00301-0000-00022-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year: 2021
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 22
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 163800.0
  • Assessment Land: 31900.0
Utilities
  • Cooling: No Cool, Wall A/C Unit(s)
  • Services: Cable TV Available
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 3 Units, Baseboard - Hotwater
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Sidewalk
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1400.0
  • Unit 2 Room Description: Bedrooms, Kitchen
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 2100.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Levels: 1.0
  • Unit 3 Rooms: 4.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $13,932.00
  • Expenses Include: Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $34,388.00
  • Gross Operating Income: $48,420.00

Property History for 68 North 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 68 North 7th Street

Taxable ValueLand$31,900Additions$163,800Total$195,700
Tax Record2022$9,084 ($757 / month)
Home Facts
Beds0Total Finished SqFt2,100 SqFtAbove Grade Finished SqFt2,100 SqFtStories2Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1900CountyPASSAICAPN08 00301-0000-00022

Schools near 68 North 7th Street

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 4
Rating
School
Distance
Dale Avenue Elementary School
PublicPK to 2

Edward W. Kilpatrick Elementary School
PublicPK to 3

School 27
PublicPK to 5

School 14
PublicK to 4

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LEOPIZZI REAL ESTATE AGENCY, CHRISTOPHER LEOPIZZI

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 04/29/2024 02:20 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.