Skip To Content

241 Madison Ave

Paterson City, NJ 07524
  • $1,100,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 3782783
UPDATED: 132 min ago
$1,100,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,095
    SQFT
  • $269
    $/SQFT
Type:
Commercial
Built:
1939
County:

School Ratings & Info

Description

CALLING ALL INVESTORS. Excellent opportunity to own a great income property in a prime location. Right on the corner of Madison and 6th ave, you will not find a property as unique to the area quite like this. These two separate structures consist of 6 apartments (4 - one bedrooms, 2 - two bedrooms) including a spacious balcony overlooking the street. Along with multiple apartment units there is also a commercial property below. (No tenants currently have a lease). One exclusive parking lot (10 spaces) provides various individual access to the apartment units. The commercial unit has an open layout basement the size of the main floor with separate access to outside.

Monthly Payment Calculator



Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-09-24T23:46:31.177.
www.srrealestategroup.com/homes/128811360
Print Image

241 Madison Ave Paterson City, NJ 07524

  • Price: $1,100,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 132 min ago
  • MLS #: 3782783
0
Beds
0
Baths
0
½ Baths
0.1
Acres
4,095
SQFT
$269
$/SQFT
1939
Built
County:
Passaic
Area:
Paterson City
Property Description
CALLING ALL INVESTORS. Excellent opportunity to own a great income property in a prime location. Right on the corner of Madison and 6th ave, you will not find a property as unique to the area quite like this. These two separate structures consist of 6 apartments (4 - one bedrooms, 2 - two bedrooms) including a spacious balcony overlooking the street. Along with multiple apartment units there is also a commercial property below. (No tenants currently have a lease). One exclusive parking lot (10 spaces) provides various individual access to the apartment units. The commercial unit has an open layout basement the size of the main floor with separate access to outside.
Exterior Features

Approximate Lot Size 50X100 Construction Brick/Block Exterior Description Vinyl Siding Location CornerResidential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 2 Car WidthOn-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style DoorStorageUnfinishedWalkout Cooling No Cool Equipment Available Burglar AlarmRestrooms - PrivateSmoke Detector Heating 4+ Units Max Ceiling Height 7 Max Door Height 7 Number Of Lavatories 7 Office Sq Ft 750

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Mixeduse Property Type Apartment ComplexMixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 241 Tax Amount 18232 Tax Rate Amount 4.476 Tax Rate Year 2021 Tax Year 2021 Utilities Gas-Natural Water Public Water Zoning Commercial-4A

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Weichert Rltrs Rdg: 201-445-9500.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-09-24T23:46:31.177.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3782783-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3782783-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_2_3782783-2.jpg
Logo
Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901