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62-64 Lafayette Street # 7 Paterson, NJ $ 1,500,000
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62-64 Lafayette Street # 7
$ 1,500,000
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62-64 Lafayette Street # 7

Paterson, NJ, 07501
$ 1,500,000
Bedrooms-- Baths--
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Property for Rent in Paterson, NJ

for $1,500,000.

Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 8% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!

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Rental Active

Price

$ 1,500,000

Taxes

$ 16,047

Style

Office

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26009747
Features
General
Heating Central Natural Gas
Cooling Central Air Gas
Utilities Sep Gas
Rooms None
Unit Number 7
Property Subtype Office
Ownership Private
Waterfront Features None
County PASSAIC
Property Type Commercial Sale/Lease
HOA N
Status Active - Active
City Paterson
Tax Annual Amount 16047.0
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
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* Excluded Features
Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/27/2026$1,500,000 Listed Price

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62-64 Lafayette Street # 7, Paterson, NJ, 07501 is a Property for Rent at $1,500,000. The property's zip code is 07501 which is in Paterson, NJ

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