123 Belmont Ave
Paterson City, NJ 07522
Price: $899,900
GSMLS: 3952872Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 9
Baths: 5 Full
Garage: No
Year Built: 1888
Acres: 0.13
Property Tax: $10,398
Description
This Is A Fantastic Opportunity For Both First-time Homebuyers And Savvy Investors! This Legal 4-family Property Is A Cash Cow, Offering Consistent Rental Income With Great Potential For Long-term Growth. Whether You're Looking To Live In One Unit And Rent Out The Others Or Build Your Investment Portfolio, This Property Is The Perfect Choice. Don't Miss Out On This Rare Opportunity It's A Smart Investment That Won't Last Long!
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
21
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X115
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop, Driveway-Exclusive
Spaces Available:
7
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
4+ Units, Baseboard - Hotwater
Heating Fuel:
Electric
Cooling:
4+ Units
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
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:
$899,900
Tax Amount:
$10,398
Land Assessment:
$41,300
Build. Assessment:
$162,800
Total Assessment:
$204,100
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3952872
List Date:
03-25-2025
Days On Market:
12
Listing Broker:
CHRISTIE'S INT. REAL ESTATE GROUP
Listing Agent:
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
