262 Union Ave new Save Request In-Person Tour Request Virtual Tour
Paterson City,NJ 07502
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $121
MLS Listing ID 3993518
Style 3-Three Story
Bedrooms 6
Full Baths 3
Year Built 1997
Annual Tax Amount $12,462
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 6 bedrooms and 3 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.
Location
State NJ
County Passaic
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Schools
Elementary Schools Number 19
Others
Senior Community No