163 Fair St
Paterson City, NJ 07501
Price: $899,999
GSMLS: 4035802Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 10
Baths: 4 Full
Garage: No
Year Built: 2015
Acres: 0.06
Property Tax: $23,388
Description
Welcome to 163 Fair St, Paterson, NJ, a meticulously maintained three-family home with a finished basement that presents an exceptional investment opportunity or an ideal owner-occupant scenario. The building features a first-floor 3-bedroom unit, a second-floor 3-bedroom unit, and a third-floor 4-bedroom unit that are all tenant-occupied, providing a steady source of income. Separately metered gas and electric utilities for each unit ensure low overhead expenses for the landlord. This property is Conveniently located near shops, restaurants, schools, parks, and easy access to public transportation. Whether you're looking to owner-occupy while generating rental income or expand your investment portfolio, this property is a fantastic opportunity.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
18
Basement:
Yes - Finished, Full, Walkout
Interior:
Carbon Monoxide Detector, Security System, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Stucco, Wood Shingle
Lot Size:
28X100
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, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
4
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
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
Heating Fuel:
Gas-Natural
Cooling:
3 Units
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
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:
$899,999
Tax Amount:
$23,388
Land Assessment:
$119,500
Build. Assessment:
$1,029,200
Total Assessment:
$1,148,700
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4035802
List Date:
06-20-2026
Days On Market:
1
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Ricardo Harrison
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
