40.9126510620117 -74.148567199707

216 17Th Ave Paterson City, NJ 07504

324778052 40.9126510620117 -74.148567199707 2412 /listing/324778052-150106935/216-17th-ave-paterson-city-nj-07504 False 0 824900.0000 101 3814693 False
  • $824,900
  • 0.06 lot
  • Est payment $4428.24/mo

Property & Neighborhood Info

Courtesy Of NICHOLAS REAL ESTATE AGENCY, 973-340-1202

Commercial in Paterson City

Recently renovated 4 units commercial property with 3 fully rented residential apartments (total current rent $4,800.00/mo) and a VACANT store ready for a Laundromat business with 35 licenses for washers & dryers that expired December 2022, and parking for 3 cars in the back. The last Certificate of Inspection from the State was done on 2/23/2021. CAP is over 7% with a potential store rent of $2K/month.

Courtesy Of NICHOLAS REAL ESTATE AGENCY, 973-340-1202
  1. 0.06 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 1900
  • Garage: 3.0
  • Floors: 3
  • County: Passaic
  • Taxes: $13,154.00
  • Tax Year: 2021
  • Units: 4
  • Zoning: Commercial
  • MLS Number:3814693

Additional Features

  • Availability:
    • Immediately
  • Basement:
    • Unfinished
    • Walkout
  • Cooling:
    • Window A/C(s)
  • Documents Available:
    • Income & Expenses
  • Easements:
    • Unknown
  • Equipment:
    • See Remarks
  • Expenses Include:
    • Insurance
    • Taxes
    • Water/Sewer
  • Exterior:
    • Aluminum
  • Flooring:
    • Vinyl-Linoleum
  • For Sale or Lease:
    • For Sale
  • Heating:
    • 4+ Units
    • Radiators - Steam
  • Heating Source:
    • Gas-Natural
  • Lease Includes:
    • Sewer
    • Taxes
    • Water
  • Loading Info:
    • None
  • Location:
    • Residential Area
  • Lot Features:
    • Level Lot
  • Owner Pays:
    • Maintenance-Common Area
    • Maintenance-Lawn
    • Snow Removal
    • Water
  • Ownership Type:
    • Fee Simple
  • Parking:
    • None
  • Rent Payable:
    • No
  • Roof:
    • Asphalt Shingle
  • Sale Includes:
    • Building & Land
  • Sewer:
    • Public Sewer
  • Tenant Pays:
    • Electric
    • Gas
    • Heat
    • Hot Water
  • Utilities:
    • All Underground
    • Electric
    • Gas In Street
  • Utilities Paid By:
    • Tenant
  • Water Source:
    • Public Water
  • Year Built Description:
    • Approximate
  • Acres:
    • 0.06
  • Assessment Building:
    • 244400
  • Assessment Land:
    • 49500
  • Assoc/Maint Fee:
    • 1531
  • Attribution Contact:
    • 973-340-1202
  • Building Num:
    • 1
  • Cap Rate:
    • 7.00
  • Ceiling Height:
    • 8
  • Gross Income:
    • 81600
  • Net Income:
    • 63225
  • Operating Expense:
    • 18375
  • Parking:
    • 3
  • Possession:
    • At closing.
  • Tax Assessment:
    • 293900
  • Tax Block:
    • 3911
  • Tax Property ID:
    • 1
  • Tax Rate:
    • 4.476
  • Tax ID:
    • 2508-03911-0000-00001-0000-
  • Unit 1 Bed Total Beds:
    • 1
  • Unit 2 Bed Total Beds:
    • 1
  • Unit 4 Total Beds:
    • 1
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
40.9126510620117 -74.148567199707

216 17Th Ave Paterson City, NJ 07504

324778052 40.9126510620117 -74.148567199707 2412 /listing/324778052-150106935/216-17th-ave-paterson-city-nj-07504 False 0 824900.0000 101 3814693 False
  • $824,900
  • 0.06 lot
  • Est payment $4428.24/mo