169 Godwin Avenue Paterson, NJ $ 1,199,000
169 Godwin Avenue
$ 1,199,000
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169 Godwin Avenue

Paterson, NJ, 07501
$ 1,199,000
Bedrooms12 Baths4.0

Monthly Estimate*

$ 7,571

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Multi-Family Home for sale in Paterson, NJ

for $1,199,000 with 12 bedrooms and 4 full baths.

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio. Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow. Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

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Multi-Family Active

Price

$ 1,199,000

Bedrooms

12

Full Bath

4

Property Type

Multi-Family

Taxes

$ 17,882

Style

4 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26028525

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
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 1970's Build Prior to 1978
Tax Annual Amount 17882.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Unit
Total Bedrooms 12
Total Baths 4
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* Excluded Features

Affordability Calculator

$9,061
Per Month
84%
16%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$1,490
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$1,199,000 Listed Price

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169 Godwin Avenue, Paterson, NJ, 07501 is a Multi-Family Home for sale at $1,199,000. 169 Godwin Avenue has 12 bedrooms and 4.0 baths. The property's zip code is 07501 which is in Paterson, NJ