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84 Auburn St Paterson, NJ $ 1,300,000
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$ 1,300,000 Get more info
84 Auburn St
$ 1,300,000
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Share Save

84 Auburn St

Paterson, NJ, 07501
$ 1,300,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 8,004

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Commercial Property for sale in Paterson, NJ

for $1,300,000 with 6 half baths. This 5,000 square foot building was built in 2020 on a lot size of 0.12.

Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today.

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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

4005403
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 Residential
Garage Spaces 0
Year Built 2020
Tenant Pays Cable T.V. Electric Gas Heat 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 121092
County Passaic
Net Operating Income 101444
Operating Expense 19648
Status Active
Directions Auburn Street
Number Of Units Total 6
Tax Annual Amount 5940
Drive None On-Street Parking
Leasable Area 5000
Standard Status Active
Tax Assessed Value 116600
Town # 2508
Tax Lot 10
Cap Rate 7.80
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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 Vinyl Siding
Building Area Total 5000
Lot Dimensions 51X100
Lot Size Acres 0.12
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* Excluded Features
List By
MATTHEW O HARE

Listing Agent

Coldwell Banker Realty Hil

Broker

Matthew.ohare@coldwellbankermoves.com

Email

Affordability Calculator

$8,499
Per Month
94%
6%
0%
Monthly Principal & Interest
$8,004
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/15/2026$1,300,000 Listed Price

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84 Auburn St, Paterson, NJ, 07501 is a Commercial Property for sale at $1,300,000 with 5,000 sqft and 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

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