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116 Belmont Ave

Paterson City, NJ 07522
  • $799,900
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: 3969680
Price Reduced
$799,900
  • 9
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
Built:
1970
County:
Passaic
Area:
Paterson City

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Description

THIS IS A MIXED-USE PROPERTY. THERE WAS A LAUNDRYMAT OPERATING ON THE FIRST FLOOR, BUT THE MACHINES WERE REMOVED. EVERYTHING IS NOW READY TO HOOK UP 20 WASHERS AND 20 DRYERS. NEW CENTRAL AC/HEAT INSTALLED. THIS IS AN OPPORTUNITY FOR SOMEONE WHO WOULD LIKE TO START A LUCRATIVE BUSINESS. ALSO FEATURES 2 NICELY KEPT APARTMENTS ON THE SECOND AND THIRD FLOORS. (SEE DETAILS IN UNIT INFORMATION SECTION). THE DRIVEWAY, THE SIDING, AND THE ROOF ARE NEW. YOU HAVE TO SEE TO APPRECIATE SO MANY IMPROVEMENTS RECENTLY DONE. TAKE ADVANTAGE OF THIS HUGE PRICE REDUCTION...!!!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-11T23:48:35.567.
www.baerhomes.com/homes/164955340
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116 Belmont Ave Paterson City, NJ 07522

  • Price: $799,900
  • Status: Active
  • On Site: 148 Days
  • MLS #: 3969680
9
Beds
3
Baths
1
½ Baths
0.1
Acres
1970
Built
County:
Passaic
Area:
Paterson City
Property Description
THIS IS A MIXED-USE PROPERTY. THERE WAS A LAUNDRYMAT OPERATING ON THE FIRST FLOOR, BUT THE MACHINES WERE REMOVED. EVERYTHING IS NOW READY TO HOOK UP 20 WASHERS AND 20 DRYERS. NEW CENTRAL AC/HEAT INSTALLED. THIS IS AN OPPORTUNITY FOR SOMEONE WHO WOULD LIKE TO START A LUCRATIVE BUSINESS. ALSO FEATURES 2 NICELY KEPT APARTMENTS ON THE SECOND AND THIRD FLOORS. (SEE DETAILS IN UNIT INFORMATION SECTION). THE DRIVEWAY, THE SIDING, AND THE ROOF ARE NEW. YOU HAVE TO SEE TO APPRECIATE SO MANY IMPROVEMENTS RECENTLY DONE. TAKE ADVANTAGE OF THIS HUGE PRICE REDUCTION...!!!
Exterior Features

Approximate Lot Size 45X100 Exterior Description Vinyl Siding Exterior Features Metal FenceWood Fence Garage Description None Lot Description Level Lot Number Of Parking Spaces 6 Parking Driveway Description Blacktop Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(s) Heating 3 UnitsRadiators - Hot Water Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 3 Unit1 Security Deposit 0 Unit1 Sq Ft 999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 5 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 7 Unit2 Sq Ft 999 Unit3 Baths 1.0 Unit3 Bedrooms 4 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 6 Unit3 Sq Ft 999

Property Features

Assessment Total 280500 Building Assessment 213000 Easement Unknown Exclusions Tenants' properties Farm Assessment No Fha Age Restricted No Fuel Type ElectricGas-Natural Gross Operating Income 9999 Home Warranty No Land Assessment 67500 Net Operating Income 9999 Sewer Public Sewer Tax Amount 14291 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Lease Expiration 2025-06-13 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Lease Expiration 2026-04-01 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 2500 Unit2 Security Deposit 2500 Unit3 Handicap Modified No Unit3 Lease Expiration 2025-06-13 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 3000 Unit3 Security Deposit 2400 Utilities Electric Water Public Water Water Heater ElectricGas Year Built Description Approximate

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-253-7330.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-11T23:48:35.567.
 
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