848 Paterson Avenue

East Rutherford, NJ 07073

$681,000
Last Sold Price
Beds
6,429 Sq. Ft.
$106 / Sq. Ft.
6,429
Sq. Ft.
$106
per Sq. Ft.

Description

Mixed use building in a great East Rutherford location. High visibility on a corner lot. 1st floor has 2 retail stores and 1 commercial shop w/4-car garage (tandem). 2nd floor has 2 renovated apartments, 1 bedroom and 2 bedroom both with their own washer/dryer. Building is fully rented with excellent tenants. Separate utilities. Don't miss this fabulous opportunity for a great investment property. This property is in a flood zone.Mixed use building in a great East Rutherford location. High visibility on a corner lot. 1st floor has 2 retail stores and 1 commercial shop w/4-car garage (tandem). 2nd floor has 2 renovated apartments, 1 bedroom and 2 bedroom both with their own washer/dryer. Building is fully rented with excellent tenants. Separate utilities. Don't miss this fabulous opportunity for a great investment property. This property is in a flood zone.
  1. Listed by Luanne Quarato • Keller Williams Valley Realty • (201) 391-2500

Property Details for 848 Paterson Avenue

Style
Res/Com Mixed
Sub style
Othr/Apt

Location

Listing Courtesy of Keller Williams Valley Realty, Luanne Quarato

Sold By Keller Williams Valley Realty, Luanne Quarato

Add your commute
LISTING UPDATED: 10/24/2023 10:16 AM

Property Details for 848 Paterson Avenue

StatusSold
MLS #23014869
Days on Market120
Taxes$15,550 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Res/Com Mixed
Year Built-
Lot Size-
CountyBergen County

Location

Listing Courtesy of Keller Williams Valley Realty, Luanne Quarato

Sold By Keller Williams Valley Realty, Luanne Quarato

Add your commute

Building Information for 848 Paterson Avenue

Stories2Residences2Year Built-Lot Size-

Payment Calculator

$5,012 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,716

Property Taxes

$1,296

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 848 Paterson Avenue

Summary
Location and General Information
  • Area: 0212
  • Area name: East Rutherford
  • Directions: Paterson Ave. corner of Locust Ave.
  • Asv total: 832000
  • Street Name: Paterson
  • County Name: BERGEN
  • Status: SOLD
  • Street Number Numeric: 848
  • Zip Code: 07073
Taxes and HOA Information
  • Tax: $15,550
Property
Lot Information
  • Lot: 00001
  • Year Built: 1900-1939
  • Propertype ro: A/C, Gas, Munincipal Water, O/See Rmrks, Sewer
  • Sale sqft: 6429.0
  • Land frontage: 35.0
  • Total common area sqft: 3800.0
  • Land sqft: 4164.0
  • Land Depth: 119.0
  • Block: 00012
Property and Assessments
  • Land assessment: $241,800
  • Building Assessment: $590,200
  • Photo: Y
  • Photo Number: 18
Interior and Exterior Features
Interior Features
  • Number of Units: 2
  • Ceiling high: 9.0
  • Number Of Stories: 2
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Flat, O/See Rmrks
  • Construction: Brick
Multi Family
Multi-Family Information
  • No of Common units: 3
  • No1 Bedroom units: 1
  • No2 Bedroom units: 1
Income & Expenses Information
  • Gross Income: $78,900.00
  • Net Income: $51,400.00
  • Gross expenses: $27,500.00
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $765,000.00
  • Listing Date: 05-18-2023
  • Pending Date: 09-15-2023
  • Close Date: 10-23-2023
  • Status Date: 10-23-2023
  • Sale Price: $681,000
Showing Information
  • Internet Remarks: Mixed use building in a great East Rutherford location. High visibility on a corner lot. 1st floor has 2 retail stores and 1 commercial shop w/4-car garage (tandem). 2nd floor has 2 renovated apartments, 1 bedroom and 2 bedroom both with their own washer/dryer. Building is fully rented with excellent tenants. Separate utilities. Don't miss this fabulous opportunity for a great investment property. This property is in a flood zone.
Rental
Rental Information
  • Rent sqft: 5100
  • Owner pays: Common Area, Water

Property History for 848 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 848 Paterson Avenue

Taxable ValueLand$293,100Additions$481,600Total$774,700
Tax Record2022$15,663 ($1,305 / month)
Home Facts
Total Finished SqFt6,429 SqFtAbove Grade Finished SqFt6,429 SqFtStories2Lot Size4,164 SqFtStyleMiscellaneous CommercialYear Built1920CountyBERGENAPN12 00012-0000-00001

Schools near 848 Paterson Avenue

This home is within Carlstadt-East Rutherford Regional High School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Mckenzie School
PublicPK to 4

Henry P Becton Reg High School
Public9 to 12

Mesivta Tiferes Rav Zvi Aryeh Zemel
Private9 to 12

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.

Similar Homes

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Similar Sold Homes

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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 Keller Williams Valley Realty, Luanne Quarato

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 04/19/2024 07:25 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.