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Eric DeSilva

eric.desilva@exprealty.com +1(973) 542-9302

$ 1,000,000

Est. payment -/mo

Save

Price Dropped by $150K

100-104 3Rd Ave Paterson City, NJ 07514

10 Beds

5.5 Baths

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Riverside

MLS Listing ID 3997336

Style See Remarks

Bedrooms 10

Full Baths 5

Half Baths 1

Year Built 1945

Annual Tax Amount $33,854

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

The property has a great rent roll for any investor. The CAPE RATE is above 8-9%. The one-family house rented for $2,685. The rear apt is rented for $2,400.00, and the restaurant rent is $2,200.00; the Garage rent is $825.00. Studio apt rent is $1,100.00. The other rear unit is $2,100.00. The listing is being sold as a 4-unit property with the restaurant and garages with the addresses of 100, 102, and 104 3 Ave, Paterson. The total monthly rent is $11,310.00, with the tenants paying their heat and AC expenses. So the property has one fam, store/restaurant, rear apt 2nd fl, garage storage, Studio apt, Rear apt. The yard has room to park up to 4-5 cars. The total annual rent is $135,720.00; the total taxes for the property are $33,854.00

Location

State NJ

County Passaic

Rooms

Basement Partial, Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum, ConcBrd

Parking Features On Site, On-Street Parking

Utilities Available All Underground

Roof Type Asphalt Shingle, Rubberized

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style See Remarks

Schools

Elementary Schools Number 16

High Schools Jfk

Others

Senior Community No

Listed by COLDWELL BANKER SUSANI REALTY

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

10

School 28

Public | PK - 8
9

Westmoreland Elementary School

Public | PK - 5
9

Orchard Elementary School

Public | KG - 5
9

Central Elementary School

Public | KG - 5
9

Warren Point Elementary School

Public | KG - 5
9

Milnes Elementary School

Public | KG - 5
9

Hawes Elementary School

Public | KG - 5
8

Richard E. Byrd Elementary School

Public | KG - 5
8

Alexander Hamilton Elementary School

Public | KG - 5
8

Radburn Elementary School

Public | KG - 5
8

Clara E. Coleman Elementary School

Public | PK - 5
7

School 19

Public | PK - 4
7

John P. Holland Charter School

Public | KG - 8
7

Alexander Hamilton Academy

Public | KG - 8
7

Jefferson Elementary School

Public | PK - 5
7

Forrest Elementary School

Public | KG - 5
7

Ganter Avenue School

Public | PK - 5
6

Memorial Elementary School

Public | PK - 4
6

High Mountain Middle School

Public | 5 - 8
6

Norman S Weir

Public | KG - 8

Middle Schools 10

10

Classical Academy Charter School of Clifton

Public | 6 - 8
8

Glen Rock Middle School

Public | 6 - 8
7

Memorial Middle School

Public | 6 - 8
6

George Washington Middle School

Public | 6 - 8
6

Thomas Jefferson Middle School

Public | 6 - 8
5

Memorial Middle School

Public | 6 - 8
4

Lincoln Middle School

Public | 6 - 8
3

New Roberto Clemente

Public | 6 - 8
1

Don Bosco Academy

Public | 6 - 8
0

Holmstead School

Private | 8 - 12

High Schools 20

9

Ridgewood High School

Public | 9 - 12
8

Fair Lawn High School

Public | 9 - 12
8

Glen Rock High School

Public | 9 - 12
5

School of Health Science

Public | 9 - 12
5

Rosa L. Parks School of Fine and Performing Arts

Public | 9 - 12
5

Memorial Senior High School

Public | 9 - 12
4

Passaic County-Manchester Regional High School

Public | 9 - 12
4

Hawthorne High School

Public | 9 - 12
2

School of Education and Training

Public | 9 - 12
2

International High School

Public | 9 - 12
2

School of Earth and Space Science

Public | 9 - 12
1

School of Science Technology Engg & Mathematics

Public | 9 - 12
1

School of Buisiness Technology

Public | 9 - 12
1

School of Architecture and Construction Trades

Public | 9 - 12
1

School of Information Technology

Public | 9 - 12
1

School of Culinary Arts Hospitality and Tourism

Public | 9 - 12
1

School of Government & Public Administration

Public | 9 - 12
1

Students Transitioning and Achieving Real Success

Public | 9 - 12
0

Mary Help of Christians Academy

Private | 9 - 12
0

Eastern Christian High School

Private | 9 - 12

School and business data provided by Attom Data.