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279 12th Ave

Paterson City, NJ 07514
  • $699,000
  • STATUS: Active Under Contract
  • ON SITE: 62 Days
  • MLS #: 3917750
Under Contract
UPDATED: 45 min ago
$699,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Description

3 family! Exceptional Opportunity! Built in 2022 with tax abatement (approx $328/month) through February 2027 and home warranty through 2032! Discover this brand new, fully renovated three-family home in the heart of Paterson, NJ. Each apartment offers modern comforts and a fresh design. 1st floor: 1 bed 1 bath. currently vacant (was getting $1850 in rent). 2nd floor: 3 bed 2 bath renting for $2500/month through June 2025. 3rd floor: 3 bed 2 bath renting for $2375/month through May 2025. Assumed annual gross income: $80,700. SEPARATE UTILITIES except water and sewer! ALL OFFERS DUE MONDAY 8/19 @ 12 PM

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Garden State MLS logo © 2024 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 Group. 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 Group 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 2024-10-09T18:46:20.263.
www.srrealestategroup.com/homes/153422128
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279 12th Ave Paterson City, NJ 07514

  • Price: $699,000
  • Status: Active Under Contract
  • On Site: 62 Days
  • Updated: 45 min ago
  • MLS #: 3917750
7
Beds
5
Baths
0
½ Baths
0.06
Acres
2022
Built
County:
Passaic
Area:
Paterson City
Property Description
3 family! Exceptional Opportunity! Built in 2022 with tax abatement (approx $328/month) through February 2027 and home warranty through 2032! Discover this brand new, fully renovated three-family home in the heart of Paterson, NJ. Each apartment offers modern comforts and a fresh design. 1st floor: 1 bed 1 bath. currently vacant (was getting $1850 in rent). 2nd floor: 3 bed 2 bath renting for $2500/month through June 2025. 3rd floor: 3 bed 2 bath renting for $2375/month through May 2025. Assumed annual gross income: $80,700. SEPARATE UTILITIES except water and sewer! ALL OFFERS DUE MONDAY 8/19 @ 12 PM
Exterior Features

Approximate Lot Size 25X100 Exterior Description Vinyl Siding Garage Description Finished GarageGarage Under Number Of Parking Spaces 2 Parking Driveway Description Additional ParkingAssigned Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FinishedFull Cooling Central Air Heating Forced Hot Air Total Number Of Rooms 15 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomFamily RoomKitchenLaundry RoomMaster Bedroom Unit1 Rooms 3 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomFamily RoomKitchenLaundry RoomMaster Bedroom Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsDining RoomFamily RoomKitchenLaundry RoomMaster Bedroom Unit3 Rooms 6 Unit3 Sq Ft 0

Property Features

Assessment Total 15300 Building Assessment 0 Easement Unknown Exclusions Tenants' personal belongings Expenses Include Hot & Cold WaterSee RemarksTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 80700 Land Assessment 15300 Net Operating Income 74400 Renovated Year 2022 Sewer Public Sewer Tax Amount 3936 Tax Rate Amount 4.903 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 6300 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Lease Expiration 2025-06-30 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2500 Unit2 Security Deposit 3750 Unit3 Handicap Modified No Unit3 Lease Expiration 2025-05-31 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2375 Unit3 Security Deposit 3562 Utilities Gas-Natural Water Public Water Year Built Description Approximate

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 973-432-0374.


Garden State MLS logo © 2024 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 Group. 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 Group 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 2024-10-09T18:46:20.263.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901