107 Jersey St
Paterson City, NJ 07501-1718
- 6 beds
- 2.5 baths
- – sqft
- 871 sqft lot
- 1940 build
- – on site
Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attracting long-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just off Route 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionals seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don't miss out schedule your showing today! Ground level can only be commercial*
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 19, 2025
•
MLS# 3945376 —
This property is listed in more than one place. See it here.
The Building
-
Construction Date/Year Built:1940
-
Unit Style:3-Three Story
-
Roof Description:Asphalt Shingle
-
Exterior Description:Aluminum Siding
-
Basement:Yes
-
Total # of Units:3
Interior
-
Interior Features:Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
-
Total # of Rooms:12
-
Basement Description:Unfinished
Financial & Terms
-
Possession:TBD
Location
-
Directions:Follow I-80 W to NJ-19 N in Paterson. Take exit 57 B from I-80 W. Take exit 57 B toward Downtown/Paterson. Take Marshall St to Grand St.
-
Latitude:40.91131
-
Longitude:-74.17569
The Property
-
Approx Lot Size:25 Sqft
-
Lot Description:Corner
-
Total Acres:0 Sqft
-
Lot Identifier:20
-
Exterior Features:Partially Fenced, Sidewalk
-
Easements:Unknown
-
Assessment Land:57400
-
Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (862) 251-4915
- Office phone:
- (862) 251-4915
Taxes
-
Tax ID For Property:2508-05201-0000-00020-0000-
-
Tax Year:2024
-
Tax Year:*
-
Tax Rate:*
-
Tax Rate Year:2024
-
Tax Rate Amount:5.095
-
Tax Amount:$10,704
-
Tax Amount:$*
-
Lot ID Tax:*
-
Lot Size Tax:*
-
Acres Tax:$*
-
Block ID Tax:*
-
City Tax:$*
-
County Tax:$*
-
Zip Code Tax:*
Beds
-
# of Bedrooms:6
-
Unit 3 Bedrooms:3
-
Unit 2 Bedrooms:3
Baths
-
Total # of Baths:2.10
-
Total # of Full Baths:2
-
Total # of Half Baths:1
-
Unit 1 Baths:1.0
-
Unit 2 Baths:1.0
-
Unit 3 Baths:1.0
Heating & Cooling
-
Cooling:Window A/C(s)
-
Heating:3 Units
Utilities
-
Utilities:Gas-Natural
-
Water:Public Water
-
Fuel Type:Gas-Natural
-
Sewer:Public Sewer
The Community
-
Assessment Total:210100
-
Assessment Total Tax:*
-
Assessment Bldg:152700
-
Assess Amount Building Tax:*
Parking
-
Parking/Driveway Description:Off-Street Parking
Extra Units
-
Unit 1 Levels:1
-
Unit 2 Levels:1
-
Unit 3 Levels:1
-
Unit 1 Rooms:4
-
Unit 2 Rooms:5
-
Unit 3 Rooms:5
-
Unit 1 Handicap Modified:No
-
Unit 2 Handicap Modified:No
-
Unit 3 Handicap Modified:No
-
Unit 1 Room Description:Kitchen, See Remarks
-
Unit 2 Room Description:Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
-
Unit 3 Room Description:Bedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room
-
Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Range/Oven - Gas, See Remarks, Smoke Detector
-
Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Smoke Detector
-
Unit 3 Appliances/Equipment:Carbon Monoxide Detector, Dishwasher, Range/Oven - Gas, Smoke Detector
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/10/25
Feb 10, 2025
|
Listed / Active | GSMLS | $650,000 |