181-183 Montgomery Street Paterson, NJ 07501

$619,000
181-183 Montgomery Street, Paterson, NJ 07501
1824481

Property Information

  • $619,000
  • Multi-Family
  • Taxes are $11,232
  • 5+ Family
  • Active
  • Paterson, NJ
  • Passaic County
  • MLS/Web ID is 1824481

Description

Legal 8 units(last State inspection July 2017). Front of building has 4 one bedrooms, rear has 4 studios, all units are rented , 4 car garage . All separate utilities. Building in excellent condition Rents are as follow: Unit 1 front $950, unit 2 front $840, unit 3 front $840, unit 4 front $900. Studio 1 rear $650, studio 2 rear $682, studio 3 rear $665, studio 4 rear $682, Extra income from 4 car garage 1 $150, garage 2 $100, garage 3 $100 and garage 4 $75. Yearly income $79, 608 .Expenses $21, 284.

Exterior 1

Roof

  • Flat Roof

Miscellaneous 1

Utilities

  • Gas
  • Sewer

Rental 1

Landlord Pays

  • Water

† Excluded Feature

Listed By

Broker: RE/MAX PROPERTIES SELECT

181-183 Montgomery Street, Paterson, NJ, 07501 is a Multi-Family Home for sale at $619,000. 181-183 Montgomery Street has 0.0 baths. The property's zip code is 07501 which is in Paterson, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Paterson $362,246 41 % below $299,900 52 % below
Multi-family listings in Paterson $313,389 49 % below $299,000 52 % below

Get the facts about Paterson, NJ!

Population 146,970
Population Growth (since 2000) -2 %
Median Income $34,194
Median Age 33.81
Households w/ Children 39 %

Residential Dwellings

  • Owned 13478
  • Vacant 3384
  • Rented 31192

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