116 Belmont Ave Paterson, NJ $ 799,890
116 Belmont Ave
$ 799,890
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116 Belmont Ave

Paterson, NJ, 07522
$ 799,890
Bedrooms9 Baths3.1

Monthly Estimate*

$ 4,990

116 Belmont Ave, Paterson, NJ 07522 - Image 1
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Multi-Family Home for sale in Paterson, NJ

for $799,890 with 9 bedrooms and 3 full baths, 1 half bath. This home was built in 1970 on a lot size of 0.1.

THIS IS A MIXED-USE PROPERTY. THERE WAS A LAUNDRYMAT OPERATING ON THE FIRST FLOOR, BUT THE MACHINES WERE REMOVED. EVERYTHING IS NOW READY TO HOOK UP 20 WASHERS AND 20 DRYERS. NEW CENTRAL AC/HEAT INSTALLED. THIS IS AN OPPORTUNITY FOR SOMEONE WHO WOULD LIKE TO START A LUCRATIVE BUSINESS. ALSO FEATURES 2 NICELY KEPT APARTMENTS ON THE SECOND AND THIRD FLOORS. (SEE DETAILS IN UNIT INFORMATION SECTION). THE DRIVEWAY, THE SIDING, AND THE ROOF ARE NEW. YOU HAVE TO SEE TO APPRECIATE SO MANY IMPROVEMENTS RECENTLY DONE. TAKE ADVANTAGE OF THIS HUGE PRICE REDUCTION...!!!

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Multi-Family Active

Price

$ 799,890

Bedrooms

9

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 14,291

Style

3-Three Story

Lot Size

0.1

Year Built

1970

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3969680

Features
General
Sewer Public Sewer
Heating 3 Units Radiators - Hot Water
Cooling Window A/C(s)
Utilities Electric
Possession 0-30 days
Roof Asphalt Shingle
Water Heater Electric Gas
Architectural Style 3-Three Story
Exclusions Tenants' properties
Year Built 1970
Garage None
Township Paterson City
Tax Year 2024
Gross Income 9999
County Passaic
Net Operating Income 9999
Operating Expense 9999
Total Rooms 16
Full Baths 3
Status Active
Directions You can use the GSMLS link on this listing.
Open Parking Spaces 6
Number Of Units Total 3
Tax Annual Amount 14291
Home Warranty Y/N No
Drive Blacktop
Standard Status Active
Tax Assessed Value 280500
Town # 2508
Tax Lot 8
Farm Assessment No
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 5
Unit 3 Baths Total 1.0
Unit 3 Beds Total 4
Fuel Type Electric Gas-Natural
Half Baths 1
Total Bedrooms 9
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Exterior
Exterior Amenities Metal Fence Wood Fence
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 45X100
Lot Size Acres 0.10
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* Excluded Features
List By
GUIDO BARRANTES

Listing Agent

Promise Land Realty

Broker

Guido.Barrantes@Gmail.com

Email

Affordability Calculator

$6,181
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,990
Monthly Property Taxes
$1,191
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
11/17/2025$799,890 0.00% Price Down
11/1/2025$799,900 -3.63% Price Down
9/20/2025$830,000 -5.14% Price Down
7/18/2025$875,000 -2.67% Price Down
6/16/2025$899,000 Listed Price

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116 Belmont Ave, Paterson, NJ, 07522 is a Multi-Family Home for sale at $799,890 with a lot size of 0.1. 116 Belmont Ave has 9 bedrooms, 3.1 baths, and was built in 1970. The property's zip code is 07522 which is in Paterson, NJ