84 Madison St
Paterson City, NJ 07501
Price: $749,000
GSMLS: 3907107Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 16
Baths: 3 Full
Garage: No
Year Built: Unknown
Acres: 0.09
Property Tax: $16,567
Description
Huge Three-family House, Featuring 5 Bedrooms On 1st And 2nd Floors And 6 Bedrooms On The 3rd Floor, A Living Room, And A Formal Dining Room. It Is Located By Downtown Paterson Right Off Route 19th, Within Walking Distance To Shopping Centers. It Has A Driveway For Approximately 5-6 Cars, Close To All Major Highways. In Need Of Minor Tlc. The Basement Has 2 Storage Rooms That Can Be Also, Rented For Another $500 A Month. This Property Is Been Sold "as Is".great Investment. It Is A Money-making Tool, Producing Over $7,0000 Per Month When Fully Rented(currently Only The 2nd Fl. Is About To Be Vacant), And All Apartments Have Separate Utilities. Currently Passaic County Affordable Housing(sec. 8) Is Paying Up To $3200 For 5-bedroom Apartments In The Area, Therefore Your New Rent Roll Will Be $9600. The Owner Will Cooperate With 3.5% Seller Concession If The Offer Is A Full Asking Price.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
21
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Composition Shingle, Flat
Exterior:
Vinyl Siding
Lot Size:
37.5X100
Lot Desc:
Flag Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Fencing, Parking Lot-Exclusive
Spaces Available:
5
Unit 1
Bedrooms:
5
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Pantry
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Instant Hot Water, Range/Oven - Electric, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
1
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Pantry
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Instant Hot Water, Range/Oven - Electric, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
6
Bathrooms:
1
Total Rooms:
9
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Pantry
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Instant Hot Water, Range/Oven - Electric, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Radiant - Hot Water, Radiators - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
From Furnace, Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Gas-Natural
Services:
Cable TV, Cable TV Available, Garbage Included
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$749,000
Tax Amount:
$16,567
Land Assessment:
$25,000
Build. Assessment:
$312,900
Total Assessment:
$337,900
Tax Rate:
4.90
Tax Year:
2023
Listing Information
MLS ID:
3907107
List Date:
06-11-2024
Days On Market:
161
Listing Broker:
ESTATES PRIME REALTY
Listing Agent:
Itzel Machado
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
