474 10Th Ave Paterson, NJ $ 2,000,000
474 10Th Ave
$ 2,000,000
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474 10Th Ave

Paterson, NJ, 07514
$ 2,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,628

474 10Th Ave, Paterson, NJ 07514 - Image 1
474 10Th Ave, Paterson, NJ 07514 - Image 2

Commercial Property for sale in Paterson, NJ

for $2,000,000 with 7 half baths. This building was built in 2022 on a lot size of 0.11.

Exceptional opportunity to own this well-built 7-unit apartment building constructed in 2022, offering the benefits of a 30-year tax abatement with 26 years left for lower taxes and stronger cash flow. This fully occupied property features a desirable unit mix of five 2-bedroom apartments and two 1-bedroom apartments, each designed with modern layouts. Each unit includes in-unit laundry, while tenants also enjoy the security and convenience of gated on-site parking. Ideally located with easy access to Route 20, Route 4, and Route 208, the property offers excellent commuter accessibility and proximity to shopping, dining, and everyday amenities. Whether you're a seasoned investor looking to expand your portfolio or a first-time multifamily investor seeking a turnkey asset, this newer construction building provides an attractive combination of low maintenance, strong occupancy, and tax advantages.

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Commercial Active

Price

$ 2,000,000

Half Bath

7

Property Type

Commercial

Taxes

$ 2,048

Style

Apartment Complex

Lot Size

0.11

Year Built

2022

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4037286

Features
General
Sewer Public Sewer
Construction See Remarks
Heating Forced Hot Air
Cooling Central Air
Utilities Gas-Natural
Possession AT CLOSING
Roof Flat
Zoning R1
Year Built 2022
Township Paterson City
Property Type Apartment Complex Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area
County Passaic
Status Active
Directions CORNER OF E 29TH ST AND 10TH AVE
Number Of Units Total 7
Tax Annual Amount 2048
Drive Parking Lot-Exclusive
Leasable Area 0
Standard Status Active
Tax Assessed Value 38400
Town # 2508
Tax Lot 4
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Exterior
Water Source Public Water
Exterior Description See Remarks
Building Area Total 0
Lot Dimensions 50X98
Lot Size Acres 0.11
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Interior
Fuel Type Gas-Natural
Total Stories 2
Half Baths 7
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* Excluded Features
List By
NICHOLAS TSELEPIS

Listing Agent

Nicholas Real Estate Agency

Broker

Niko@Nicholasrealestate.com

Email

Affordability Calculator

$12,799
Per Month
99%
1%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
$171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
6/26/2026$2,000,000 Listed Price

Map


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474 10Th Ave, Paterson, NJ, 07514 is a Commercial Property for sale at $2,000,000 with a lot size of 0.11. 474 10Th Ave was built in 2022. The property's zip code is 07514 which is in Paterson, NJ