262 Union Ave, Paterson, NJ 07502

Local realty services provided by:Burgdorff ERA
262 Union Ave,Paterson City, NJ 07502
$680,000
  • 7 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:betssy antigua
Office:lifestyle international realty
MLS#:3993518
Source:NJ_GSMLS

Price summary

  • Price:$680,000

About this home

Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio.

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Home facts

  • Year built:1997
  • Listing ID #:3993518
  • Added:10 day(s) ago
  • Updated:October 31, 2025 at 02:12 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Full bathrooms:4

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1997
  • Lot area:0.06 Acres

Schools

  • Elementary school:NUMBER 19

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$680,000
  • Tax amount:$12,462 (2024)
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. 2025 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 October 31, 2025

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