142 Mill St
Paterson City, NJ 07501
Price: $1,399,000
GSMLS: 4021884Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 12
Baths: 4 Full
Garage: No
Year Built: 1930
Acres: 0.03
Property Tax: $14,569
Description
Full Gut-Renovated 4-Family Investment Opportunity! Fully transformed with everything brand new inside and out, this turnkey property offers luxury finishes throughout each unit with modern style and quality craftsmanship. Featuring on-site laundry, low-maintenance ownership, and strong income potential, this is the perfect addition to any investor's portfolio. Conveniently located near all major highways, just 25 minutes to New York City, and walking distance to the commercial downtown section of Paterson, making it highly attractive for commuters and tenants alike. A rare chance to own a fully updated, cash-flowing asset with zero immediate maintenance concerns.
General Info
Style:
Fourplex
SqFt Building:
n/a
Total Rooms:
28
Basement:
Yes - Unfinished
Interior:
Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X56
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Laundry Room, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,FireAlrm,RgOvElec,Refrig,StkW/D
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,FireAlrm,RgOvElec,Refrig,StkW/D
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,FireAlrm,RgOvElec,Refrig,StkW/D
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Laundry Room, Living Room, Porch, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,FireAlrm,RgOvElec,Refrig,StkW/D
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Ductless Split AC
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
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:
$1,399,000
Tax Amount:
$14,569
Land Assessment:
$87,800
Build. Assessment:
$595,500
Total Assessment:
$683,300
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4021884
List Date:
04-20-2026
Days On Market:
1
Listing Broker:
CHRISTIE'S INT. REAL ESTATE GROUP
Listing Agent:
Randy Mercado
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
