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$ 650,000
Est. payment /mo
Under Contract
107 Jersey St Paterson City, NJ 07501
871 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 3948953
Year Built 1940
Annual Tax Amount $10,704
Tax Year 2024
Lot Size 871 Sqft
Property Sub-Type Mixed Use
Property Description
Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lotproperty offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rentalincome. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attractinglong-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just offRoute 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionalsseeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don'tmiss out schedule your showing today! Ground level can only be commercial*
Location
State NJ
County Passaic
Zoning Mix
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Equipment Appliances, Fire Alarm, Kitchen Area, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by ADDISON REAL ESTATE
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