262 Harrison St
Paterson, NJ, 07501 $ 749,900
Bedrooms8 Baths2.0 Monthly Estimate*
$ 4,735
for $749,900 with 8 bedrooms and 2 full baths. This home was built in 1940 on a lot size of 0.08.
Renovated Paterson Multifamily with Finished Basement, Bonus Attic Space & Income PotentialA rare opportunity for investors or owner-occupants, this versatile Paterson multifamily combines income-producing potential, extensive renovations, and flexible living space in a surprisingly quiet setting. Tucked away on a one-way dead-end street with limited traffic, the property offers added privacy while remaining close to everyday conveniences. The first-floor unit features 2 bedrooms, 1 full bath, kitchen, dining room, and living room. The second floor was substantially renovated last year and offers 4 bedrooms, 1 full bath, an updated kitchen, newer flooring, and extensive interior improvements, creating a fresh, modern living environment. The finished basement, renovated approximately two years ago, adds tremendous value with a full kitchen, bathroom, separate access, and multiple bonus rooms ideal for flexible use. The attic provides two additional bonus rooms, adding even more storage and versatility. Upper levels also benefit from newer wall-mounted heating and cooling systems. With no HOA, multiple kitchens, significant improvements already completed, and additional usable space throughout, this property offers an exciting combination of current income potential and future upside.
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FeaturesGeneralSewer Public Sewer
Heating Forced Hot Air
Cooling Ductless Split AC
Utilities All Underground
Possession 0-30
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style 2-Two Story
Year Built 1940
Township Paterson City
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 2
Status Active
Directions JELSMA ST TO HARRISON
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 10616
Drive None
Standard Status Active
Tax Assessed Value 471300
Town # 2508
Tax Lot 12
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InteriorBasement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 6
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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ExteriorWater Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 33X101
Lot Size Acres 0.08
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* Excluded FeaturesList ByMATTHEW GEVIRTZListing Agent
Tc@gtluxurygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,735
- Monthly Property Taxes
- $885
- 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.
Learn more about how to save NearbyMulti-family listings in Paterson, NJ
Average List Price $652,917
Percent of Sale Price 13%
About Paterson, NJ 148,635 Population
0% Since 2002
$ 36,191 Median Income
34.64 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/28/2026 | $749,900 | | Listed Price |