165 Godwin Ave, Paterson, NJ 07501

Paterson
Local realty services provided by:ERA Central Realty Group
165 Godwin Ave,Paterson City, NJ 07501
$999,500
  • 12 Beds
  • 4 Baths
  • 4,560 sq. ft.
  • Multi-family
  • Active
Listed by: maikol puebla
Office: coldwell banker realty201-445-9400
MLS#:4043571
Source:NJ_GSMLS

Price summary

  • Price:$999,500
  • Price per sq. ft.:$219.19

About this home

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

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Home facts

  • Year built:1970
  • Listing ID #:4043571
  • Added:95 day(s) ago
  • Updated:November 02, 2026 at 10:21 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4
  • Full bathrooms:4
  • Half bathrooms:4
  • Rooms Total:16
  • Basement Description:Basement, Full, Unfinished
  • Living area:4,560 sq. ft.

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1970
  • Building area:4,560 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:2-Two Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,500
  • Price per sq. ft.:$219.19
  • Tax amount:$17,882 (2025)

Features and amenities

  • Amenities:Gas-Natural

Parking

  • Parking description:Blacktop Driveway, Driveway-Exclusive
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated November 2, 2026

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