84-88 Jefferson St #5, Paterson, NJ 07522

Local realty services provided by:ERA Central Realty Group
84-88 Jefferson St #5,Paterson City, NJ 07522
$999,999
  • 15 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joseph oneal
Office: keller williams city views realty201-592-8900
MLS#:4030472
Source:NJ_GSMLS

Price summary

  • Price:$999,999

About this home

xcellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All long term tenants.

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Home facts

  • Year built:1920
  • Listing ID #:4030472
  • Added:6 day(s) ago
  • Updated:June 03, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:29
  • Basement Description:Basement, Bilco-Style Door

Heating and cooling

  • Cooling:Central Air, Wall A/C Unit(s)
  • Heating:Forced Hot Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1920
  • Lot area:0.11 Acres
  • Lot Features:Corner, Irregular Lot
  • Construction Materials:Stone, Vinyl Siding
  • Exterior Features:Metal Fence, Sidewalk

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$999,999
  • Tax amount:$21,377 (2025)

Features and amenities

  • Amenities:Fire Alarm Sys, Fire Extinguisher, Gas-Natural, Smoke Detector, Wood Floors

Parking

  • Parking description:Blacktop Driveway, Parking Lot-Exclusive
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