84 Auburn St Paterson, NJ $ 1,300,000
84 Auburn St
$ 1,300,000
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84 Auburn St

Paterson, NJ, 07501
$ 1,300,000
Bedrooms-- Baths--

Monthly Estimate*

$ 8,110

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Commercial Property for sale in Paterson, NJ

for $1,300,000 with 6 half baths. This building was built in 2020 on a lot size of 0.12.

Welcome to your next investment gem: a turnkey 6-unit building built in 2020, fully leased at top-end rents! Each modern 1-bedroom, 1-bathroom unit features luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, independent HVAC systems, tankless instant hot water systems, all controlled and utilities paid by the tenants. Enjoy the efficiency of Anderson 400 casement crank windows, double insulated walls for sound proofing and enhanced security with a full camera system throughout the property. The building also includes a sprinkler system and split air systems in the hallways for added comfort. The original owner over improved this property with extremely high-quality construction, this property offers a unique opportunity for passive income. Don't miss your chance to add this exceptionally upgraded treasure to your portfolio!

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Commercial Active

Price

$ 1,300,000

Half Bath

6

Property Type

Commercial

Taxes

$ 5,940

Style

Apartment Complex

Lot Size

0.12

Year Built

2020

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3954720

Features
General
Sewer Public Sewer
Construction Wood
Heating 4+ Units Forced Hot Air
Cooling 4+ Units Central Air
Utilities Electric Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Zoning R
Year Built 2020
Tenant Pays Electric Gas Water
Township Paterson City
Property Type Apartment Complex Apartment Complex
Tax Year 2024
Ownership Fee Simple
Location Residential Area
Lease Information 1 Year Minimum
Gross Income 117600
County Passaic
Net Operating Income 102200
Operating Expense 15400
Status Active
Directions Broadway to Auburn Street
Number Of Units Total 6
Tax Annual Amount 5940
Drive None
Leasable Area 0
Standard Status Active
Tax Assessed Value 116600
Town # 2508
Tax Lot 10
Cap Rate 8.00
Farm Assessment No
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Interior
Basement Full Unfinished Walkout
Flooring Vinyl-Linoleum
Fuel Type Gas-Natural
Total Stories 3
Half Baths 6
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Composition Siding
Building Area Total 4099
Lot Dimensions 51X100
Lot Size Acres 0.12
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* Excluded Features
List By
MATTHEW O HARE

Listing Agent

Coldwell Banker Realty Srv

Broker

Matthew.ohare@coldwellbankermoves.com

Email

Affordability Calculator

$8,605
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,110
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2025$1,300,000 Listed Price

Map


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84 Auburn St, Paterson, NJ, 07501 is a Commercial Property for sale at $1,300,000 with a lot size of 0.12. 84 Auburn St was built in 2020. The property's zip code is 07501 which is in Paterson, NJ