For Multi Family

101 Lafayette St,Paterson City, NJ 07501-1109

October 15, 2025

Amazing investment opportunity! This property features a finished attic with a separate entrance and two additional bedrooms. The second floor is fully vacant, offering a kitchen, living room, two bedrooms, and a full bathroom. The first floor includes two bedrooms and one bathroom, currently occupied by a month to month tenant. The high ceiling basement provides plenty of potential for future expansion or storage. Fully renovated in the early 2020s, the home includes ductless heating and cooling units in every room. Conveniently located near major highways and public transportation, offering easy access to everything. Don?t miss this nearly fully vacant investment opportunity!

Property ID:PT-3977240-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 625,000 $

Bedrooms:6

Year Built:1900

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 28

Home Details

Open Parking: 0

Basement: Yes

Renovated: 2020

Basmnt/Desc: Yes - Full, Unfinished

Acreage: 0.06

Total Baths: 2.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 10

Easement/Desc: Unknown

Exterior Description: Aluminum Siding

Possesion: 0-30

Unit 1 Appliances/Equipment: Range/Oven - Gas

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 800

Unit 1 Rent: 1600

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room

Unit 2 Appliances/Equipment: Range/Oven - Gas

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 4

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 1400

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room

Block Identifier: 3017

County Number: 25

Town Number: 2508

YB/Desc: 1900 - Renovated

Easement: Unknown

Parking/Driveway Description: On-Street Parking

Block Identifier: 3017

County Number: 25

Town Number: 2508

Possession: 0-30

Utilities

Heat Source: Gas-Natural

Heat System: 2 Units

Cool System: 2 Units, Ductless Split AC

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-03017-0000-00028-0000-

Tax Amount: $7,117.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2024

Land Assessment: $21,600.00

Building Assessment: $118,100.00

Total Assessment: $139,700.00

FHA Age Restricted: No

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Listing Details

101 Lafayette St,Paterson City, NJ 07501-1109

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