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$ 549,000
Est. payment /mo
New
148 N 7Th St Paterson City, NJ 07522
6 Beds
3 Baths
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4061063
Style 3-Three Story
Bedrooms 6
Full Baths 3
Year Built 1600
Annual Tax Amount $8,776
Tax Year 2025
Lot Size 2,613 Sqft
Property Description
Investor or house hacking opportunity at 148 N. 7th Street in Paterson! This completely vacant two-family offers potential to renovate for investment or occupy one unit and rent the other. The first floor unit features 2 bedrooms, 1 bathroom, a living room, dining room, and kitchen. The second unit spans two levels with 3 bedrooms, 1 bathroom, a living room, and kitchen. The finished basement offers bonus space with a kitchen, full bathroom, and walkout access to the backyard. Potential gross rental income of approximately $4,000/month following renovation, based on nearby advertised rents. Estimate only; not guaranteed. Buyer to independently verify rental income potential. No basement rental income is included in this estimate. The property needs cosmetic repairs and is sold strictly as-is. Buyer is responsible for obtaining the Certificate of Occupancy, required municipal inspections, and related requirements. Buyer to verify permitted uses and legal status of all finished spaces.Photo disclosure: Some photos have been digitally edited to remove personal belongings and clutter for illustrative purposes. These images may not reflect the property's current appearance or condition. Buyers should inspect the property in person.
Location
State NJ
County Passaic
Rooms
Basement Finished
Interior
Heating Gas-Propane Owned
Cooling Window A/C(s)
Heat Source Gas-Propane Owned
Exterior
Exterior Feature Aluminum Siding, Vinyl Siding
Parking Features On-Street Parking
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, See Remarks
Garage Yes
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by REALTY OF AMERICA