$680,000 - 262 Union Ave, Paterson City
- 7
- Bedrooms
- 4
- Baths
- N/A
- SQ. Feet
- 0.06
- Acres
Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio.
Essential Information
-
- MLS® #:
- 3993518
-
- Price:
- $680,000
-
- Bedrooms:
- 7
-
- Bathrooms:
- 4.00
-
- Full Baths:
- 4
-
- Acres:
- 0.06
-
- Year Built:
- 1997
-
- Type:
- Multi Family
-
- Style:
- ThreStry
-
- Status:
- Active
Community Information
-
- Address:
- 262 Union Ave
-
- City:
- Paterson City
-
- County:
- Passaic
-
- State:
- NJ
-
- Zip Code:
- 07502-1843
Amenities
-
- Utilities:
- Electric
-
- Parking Spaces:
- 2
-
- Parking:
- 2 Car Width
-
- # of Garages:
- 2
-
- Garages:
- Detached Garage
Interior
-
- Heating:
- Gas-Natural
Exterior
-
- Exterior:
- Aluminum Siding
-
- Roof:
- Asphalt Shingle
School Information
-
- Elementary:
- NUMBER 19
Additional Information
-
- Date Listed:
- October 20th, 2025
-
- Days on Market:
- 15
Listing Details
- Listing Office:
- Lifestyle International Realty