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131 N 3Rd St # 3 Paterson, NJ $ 650,000
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$ 650,000 Get more info
131 N 3Rd St # 3
$ 650,000
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Share Save

131 N 3Rd St # 3

Paterson, NJ, 07522
$ 650,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 4,055

131 N 3Rd St # 3, Paterson, NJ 07522 - Image 1

Multi-Family Home for sale in Paterson, NJ

for $650,000 with 7 bedrooms and 3 full baths. This home was built in 1978 on a lot size of 0.08.

Excellent opportunity!! This fully renovated 3-family home, minutes away from the iconic Great Falls, is a true income-generating powerhouse. luxury vinyl plank floors, kitchens/appliances, bathrooms, and paint this property is a turn-key investment ready to roll.The first-floor unit offers 1 bed, 1 bath, The second-floor unit features 2 beds, 1 bath, and the third-floor boasts 4 beds, 1 bath, commanding close to $7,000.00/month.Live in one unit and let the others pay your mortgage, or rent all three and watch your cash flow soar! This is your chance to own a prime, renovated property that's built for profit. This is a great investor play for cash flow or for owner occupied to pay next to nothing on their mortgage. This property also has a driveway and 1 car garage.

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Multi-Family Active

Price

$ 650,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 560

Style

3-Three Story

Lot Size

0.08

Year Built

1978

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3978412
Features
General
Sewer Public Sewer
Heating 3 Units
Cooling Wall A/C Unit(s)
Utilities Gas-Natural
Possession Immediately
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1978
Township Paterson City
Unit Number 3
Tax Year 2024
Gross Income 75096
County Passaic
Net Operating Income 70096
Operating Expense 5000
Total Rooms 14
Full Baths 3
Status Active
Directions Between N 2nd & N 3rd
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 560
Drive 2 Car Width See Remarks
Standard Status Active
Tax Assessed Value 11000
Town # 2508
Tax Lot 23
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 34X100
Lot Size Acres 0.08
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Interior
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 4
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 7
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* Excluded Features
List By
CARLOS GOYBURU

Listing Agent

Goyburu Realty, Llc

Broker

goybururealty@gmail.com

Email

Affordability Calculator

$4,102
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$47
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/30/2025$650,000 Listed Price

Map

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131 N 3Rd St # 3, Paterson, NJ, 07522 is a Multi-Family Home for sale at $650,000 with a lot size of 0.08. 131 N 3Rd St # 3 has 7 bedrooms, 3.0 baths, and was built in 1978. The property's zip code is 07522 which is in Paterson, NJ

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