141 Park Ave
Paterson City, NJ 07501
Price: $649,900
GSMLS: 4030406Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 4 Full
Garage: No
Year Built: 1930
Acres: 0.06
Property Tax: $11,059
Description
Attention Investors and First-Time Buyers! This legal 3-family house offers an excellent opportunity to generate rental income. Live in one unit and let the others help offset your expenses, or maximize its full investment potential. The 1st and 2nd floors each feature 3 bedrooms, while the 3rd floor offers a 1-bedroom unit. Recent updates include a newer roof (2022) and solar panels, which will be fully paid off by the seller and will be transferred to the new owner at closing. The property also features a full finished basement and separate utilities for each unit. Conveniently located near transportation, shopping, schools, and major conveniences. The 1st-floor unit will be delivered vacant at closing. No current leases are in place. Green Card will be provided by the seller. PROPERTY BEING SOLD IN AS-IS CONDITION
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X101
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
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:
1 Unit
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas In Street
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:
$649,900
Tax Amount:
$11,059
Land Assessment:
$13,800
Build. Assessment:
$193,500
Total Assessment:
$207,300
Tax Rate:
5.34
Tax Year:
2026
Listing Information
MLS ID:
4030406
List Date:
05-27-2026
Days On Market:
6
Listing Broker:
CASA REAL PROPERTY GROUP LLC
Listing Agent:
Nancy Pavic
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
