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123 Belmont Ave Paterson, NJ $ 949,000
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123 Belmont Ave
$ 949,000
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123 Belmont Ave

Paterson, NJ, 07522
$ 949,000
Bedrooms9 Baths5.0

Monthly Estimate*

$ 5,921

123 Belmont Ave, Paterson, NJ 07522 - Image 1
123 Belmont Ave, Paterson, NJ 07522 - Image 2
123 Belmont Ave, Paterson, NJ 07522 - Image 3
123 Belmont Ave, Paterson, NJ 07522 - Image 4
123 Belmont Ave, Paterson, NJ 07522 - Image 5

Multi-Family Home for sale in Paterson, NJ

for $949,000 with 9 bedrooms and 5 full baths. This home was built in 1888 on a lot size of 0.13.

Excellent Investment Opportunity! Renovated 4-family property sitting on a rare double lot, offering tremendous potential and strong income-producing value. This well-maintained building features updated units, on-site parking, and plenty of outdoor space with room for future possibilities. Ideal for investors looking to expand their portfolio or a first-time home buyer seeking to live in one unit while generating rental income from the others. A solid, turnkey property with upside potential?don?t miss this opportunity!

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Multi-Family Active

Price

$ 949,000

Bedrooms

9

Full Bath

5

Property Type

Multi-Family

Taxes

$ 10,398

Style

Fourplex

Lot Size

0.13

Year Built

1888

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4002196
Features
General
Sewer Public Sewer
Heating 4+ Units Baseboard - Hotwater
Cooling 4+ Units
Utilities Electric Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Architectural Style Fourplex
Year Built 1888
Township Paterson City
Tax Year 2024
Gross Income 8275
County Passaic
Net Operating Income 6675
Operating Expense 1600
Total Rooms 21
Full Baths 5
Status Active
Directions Belmont Avenue
Open Parking Spaces 7
Number Of Units Total 4
Tax Annual Amount 10398
Drive Blacktop Driveway-Exclusive
Standard Status Active
Tax Assessed Value 204100
Town # 2508
Tax Lot 8
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Interior
Basement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 2.0
Unit 3 Beds Total 3
Unit 4 Baths Total 1.0
Unit 4 Beds Total 2
Fuel Type Electric
Half Baths 0
Total Bedrooms 9
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 50X115
Lot Size Acres 0.13
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* Excluded Features
List By
RANDY MERCADO

Listing Agent

Christie's Int. Real Estate Group

Broker

Affordability Calculator

$6,787
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,921
Monthly Property Taxes
$867
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/19/2025$949,000 Listed Price

Map

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123 Belmont Ave, Paterson, NJ, 07522 is a Multi-Family Home for sale at $949,000 with a lot size of 0.13. 123 Belmont Ave has 9 bedrooms, 5.0 baths, and was built in 1888. The property's zip code is 07522 which is in Paterson, NJ

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