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311 12Th Ave,Paterson City, NJ 07514-2801 | Wright Home Realty

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+01-123-4567

Listing Details

311 12Th Ave,Paterson City, NJ 07514-2801

  • September 3, 2025

Description

Excellent Investment opportunity in paterson! Welcome to 311 12th Ave- a solid multi family Property perfect for investors or owner occupants seeking cash flow and long term potential. This well maintained property features 2 spacious units just over 1,100 square feet. 1st floor consists of 3 bedrooms while the second floor consists of 4 bedrooms. Located near schools, public transportation and major highways, this Property offers both convenience and accessibility for tenants. Both units are occupied by long term tenants since before the Property was purchased. There’s a generous sized driveway in the back of the property. Seller is motivated.

Details

Last Updated On: September 3rd, 2025 at 12:04 pm
Property ID:PT-1371190-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 550,000 $
Bedrooms:7
Year Built:1900

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 25X72
Lot Identifier: 18
Lot Identifier: 18

Home Details

Open Parking: 3
Basement: Yes
Basmnt/Desc: Yes - Bilco-Style Door, Unfinished
Acreage: 0.04
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 11
Easement/Desc: No
Exterior Description: Brick
Roof Description: Flat
Possesion: at closing
Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 1117
Unit 1 Rent: 9999
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Unit 1 Security Deposit: 9999
Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator
Unit 2 Levels: 1
Unit 2 Rooms: 6
Unit 2 Beds: 4
Unit 2 Baths: 0.0
Unit 2 Owner/Tenant Pays: Owner Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 1101
Unit 2 Rent: 9999
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Security Deposit: 9999
Block Identifier: 3404
County Number: 25
Town Number: 2508
YB/Desc: 1900 - Approximate
Easement: No
Parking/Driveway Description: Driveway-Exclusive
Block Identifier: 3404
County Number: 25
Town Number: 2508
Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 46200
Tax ID For Property: 2508-03404-0000-00018-0000-
Tax Amount: $8,080.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2024
Land Assessment: $40,500.00
Building Assessment: $118,100.00
Total Assessment: $158,600.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater, Forced Hot Air
Cool System: Wall A/C Unit(s)
Water: Public Water
Sewer: Public Sewer
Utilities: All Underground

Statistics

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