205-207 E 24th St
Paterson City, NJ 07514
Price: $549,000
GSMLS: 4035461Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 3
Baths: 2 Full
Garage: No
Year Built: 1978
Acres: 0.11
Property Tax: $11,854
Description
Open House Tomorrow 3PM–6PM.
Excellent opportunity to own a well-maintained multi-family property in Paterson's Riverside neighborhood. This income-producing asset features spacious units, separate utilities, and a generous lot size. Conveniently located near schools, parks, shopping, public transportation, and major highways, offering easy access for commuters. Ideal for investors seeking strong rental potential or owner-occupants looking to offset expenses with rental income. A BONUS bedroom and bathroom in the basement with walkout access. A great value with long-term appreciation potential.General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Off-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Dryer,Microwav,Refrig,SecurSys,SmokeDet,OvnWGas,Washer
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Dryer,Microwav,Refrig,SmokeDet,OvnWGas,Washer
Utilities:
Owner Pays Gas, Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
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
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:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
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:
$549,000
Tax Amount:
$11,854
Land Assessment:
$270,000
Build. Assessment:
$236,700
Total Assessment:
$506,700
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4035461
List Date:
06-18-2026
Days On Market:
1
Listing Broker:
REALTY ONE GROUP LEGEND
Listing Agent:
April Lazo
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
