165 Godwin Ave Paterson, NJ ^$ 1,199,000

165 Godwin Ave

^$ 1,199,000

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Recently Listed

165 Godwin Ave

Paterson, NJ, 07501

^$ 1,199,000

Bedrooms12 Baths4.4 Sq 4,560

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, 4 half baths. This 4,560 square foot home was built in 1970 on a lot size of 0.17.

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.

Multi-Family Active

Price

^$ 1,199,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 17,882

Style

2-Two Story

Lot Size

0.17

Year Built

1970

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4043571

Features

General

Sewer Public Sewer

Heating Baseboard - Hotwater

Cooling Window A/C(s)

Utilities Gas-Natural

Possession 0-30

Roof Asphalt Shingle

Water Heater Gas

Architectural Style 2-Two Story

Exclusions Personal Items

Year Built 1970

Township Paterson City

Tax Year 2025

Gross Income 120000

County Passaic

Net Operating Income 95000

Operating Expense 25400

Total Rooms 16

Full Baths 4

Status Active

Directions Between Rosa Parks Blvd and E16th Street

Open Parking Spaces 6

Number Of Units Total 4

Tax Annual Amount 17882

Drive Blacktop Driveway-Exclusive

Standard Status Active

Tax Assessed Value 809400

Town # 2508

Tax Lot 39

Interior

Basement Full Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 3

Unit 2 Baths Total 1.0

Unit 2 Beds Total 3

Unit 3 Baths Total 1.0

Unit 3 Beds Total 3

Unit 4 Baths Total 1.0

Unit 4 Beds Total 3

Fuel Type Gas-Natural

Half Baths 4

Total Bedrooms 12

Exterior

Water Source Public Water

Exterior Description Vinyl Siding

Building Area Total 4560

Lot Dimensions 75X98 IRG.

Lot Size Acres 0.17

* Excluded Features

List By

MAIKOL PUEBLA

Listing Agent

Coldwell Banker Realty

Broker

maikolpuebla2014@gmail.com

Affordability Calculator

$9,061

Per Month

Monthly Principal & Interest: $7,571
Monthly Property Taxes: $1,490
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Paterson, NJ

Average List Price ^$647,677

Percent of Sale Price 46%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/29/2026	$1,199,000		Listed Price

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165 Godwin Ave, Paterson, NJ, 07501 is a Multi-Family Home for sale at $1,199,000 with 4,560 sqft and a lot size of 0.17. 165 Godwin Ave has 12 bedrooms, 4.4 baths, and was built in 1970. The property's zip code is 07501 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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165 Godwin Ave

Multi-Family Home for sale in Paterson, NJ

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