For Multi Family

85 Berkshire Ave,Paterson City, NJ 07502-1812

January 9, 2026

85 Berkshire Avenue presents a turnkey three unit residential asset in Paterson. This semi attached building offers four on site parking spaces. All three apartments are renovated and fully rented with stabilized in place income. Operations are streamlined with separate utilities; an above ground oil tank provides heat to Apartments 2 and 3, and those two tenants share the fuel cost. Common owner expenses are modest and on site parking supports durable performance. The property is near the Totowa border and close to shopping, bus lines, and major roadways. A low maintenance, separately metered asset for investors seeking steady cash flow.

Property ID:PT-27143788-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 699,000 $

Bedrooms:4

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 71 X 100

Lot Identifier: 8

Home Details

Open Parking: 4

Basement: No

Acreage: 0.16

Total Baths: 3.00

Unit Style: 3-Three Story, Under/Over

Number of Units: 3

Rooms: 13

Easement/Desc: Yes

Exterior Description: Brick

Roof Description: Asphalt Shingle

Possesion: 0-30

Unit 1 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 1

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 Rent: 2000

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

Unit 1 Security Deposit: 3000

Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 2 Levels: 1

Unit 2 Rooms: 5

Unit 2 Beds: 2

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 Rent: 2225

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

Unit 2 Security Deposit: 3338

Unit 3 Appliances/Equipment: Range/Oven - Gas, Refrigerator

Unit 3 Levels: 1

Unit 3 Rooms: 4

Unit 3 Beds: 1

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 Rent: 1800

Unit 3 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room

Unit 3 Security Deposit: 2700

Garage Description: None

Block Identifier: 1610

County Number: 25

Town Number: 2508

Easement: Yes

Parking/Driveway Description: Off-Street Parking

Block Identifier: 1610

County Number: 25

Town Number: 2508

Possession: 0-30

Taxes, Fees & Assessments

Expense Include: Cold Water, Maintenance, Taxes

Tax ID For Property: 2508-01610-0000-00008-0000-

Tax Amount: $10,424.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $95,700.00

Building Assessment: $108,900.00

Total Assessment: $204,600.00

FHA Age Restricted: No

Utilities

Heat Source: Oil Tank Above Ground - Inside

Cool System: Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

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Listing Details

85 Berkshire Ave,Paterson City, NJ 07502-1812

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