294-300 Governor Street Paterson, NJ $ 799,000
294-300 Governor Street
$ 799,000
Recently Listed
Open House 5/2 1pm - 3pm
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294-300 Governor Street

Paterson, NJ, 07501
$ 799,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 4,920

294-300 Governor Street, Paterson, NJ 07501 - Image 1
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Multi-Family Home for sale in Paterson, NJ

for $799,000 with 8 bedrooms and 4 full baths.

Investment opportunity in the heart of Paterson. This brick four-family building features four units, each offering 2 bedrooms and 1 full bathroom with an open-concept living room and kitchen layout. Each unit includes wood flooring, granite countertops, and updated cabinetry, along with pantry storage and additional closets. The property offers off-street parking on one side for up to four vehicles (or shared use), with additional space on the opposite side that may allow for future parking expansion. The building does require some updates and improvements, making it ideal for an investor or buyer looking to add value and increase returns. With the right vision and upgrades, this property has strong potential as an income-producing asset. Conveniently located near transportation, shopping, and local amenities.

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Open House

5/2/2026 1:00 PM - 3:00 PM
5/3/2026 1:00 PM - 3:00 PM
294-300 Governor Street Paterson, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 799,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 15,119

Style

4 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26015117

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 0.0
Architectural Style 4 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 16
Full Baths 4
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1940's Build Prior to 1978
Tax Annual Amount 15119.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features None
Total Bedrooms 8
Total Baths 4
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* Excluded Features

Affordability Calculator

$6,179
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$1,260
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$799,000 Listed Price

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294-300 Governor Street, Paterson, NJ, 07501 is a Multi-Family Home for sale at $799,000. 294-300 Governor Street has 8 bedrooms and 4.0 baths. The property's zip code is 07501 which is in Paterson, NJ