Skip To Content

124 E Main St

Paterson City, NJ 07522
  • $585,999
  • STATUS: Active
  • ON SITE: 189 Days
  • MLS #: 3961364
$585,999
  • 8
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,520
    SQFT
  • $233
    $/SQFT
Type:
Multi-Family
Built:
1800
County:

School Ratings & Info

Description

Excellent Investment Opportunity in the Heart of Paterson,Welcome to this spacious 2-family home, offering a total of 8 bedrooms and 3 full bathrooms perfect for investors or owner occupied.Unit 1 features 3 bedrooms, 1 bathroom.Spacious living room with laminate flooring.Eat-in kitchen with tile flooring, access to private backyard,Separate dining room,Good-sized bedrooms with closets,Combination of laminate and carpet flooring. Unit 2 spans two floors and includes: 5 bedrooms and 2 full bathrooms Newly updated laminate flooring 2nd floor includes living room, dining room, kitchen, bathroom, and 2 bedrooms,3rd floor loft includes 3 additional bedrooms and a full bath Each floor has access to the shared backyard,Additional features: Each unit has separate utilities for convenience Basement with private entrance for storage or potential expansion Private yard for outdoor enjoyment Great location with nearby transportation, shopping, and schools,Being sold AS-IS,Don't miss this incredible opportunity to own a high-potential income-producing property. Schedule your showing today!

Monthly Payment Calculator



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/163426118
Print Image

124 E Main St Paterson City, NJ 07522

  • Price: $585,999
  • Status: Active
  • On Site: 189 Days
  • MLS #: 3961364
8
Beds
3
Baths
0
½ Baths
0.06
Acres
2,520
SQFT
$233
$/SQFT
1800
Built
County:
Passaic
Area:
Paterson City
Property Description
Excellent Investment Opportunity in the Heart of Paterson,Welcome to this spacious 2-family home, offering a total of 8 bedrooms and 3 full bathrooms perfect for investors or owner occupied.Unit 1 features 3 bedrooms, 1 bathroom.Spacious living room with laminate flooring.Eat-in kitchen with tile flooring, access to private backyard,Separate dining room,Good-sized bedrooms with closets,Combination of laminate and carpet flooring. Unit 2 spans two floors and includes: 5 bedrooms and 2 full bathrooms Newly updated laminate flooring 2nd floor includes living room, dining room, kitchen, bathroom, and 2 bedrooms,3rd floor loft includes 3 additional bedrooms and a full bath Each floor has access to the shared backyard,Additional features: Each unit has separate utilities for convenience Basement with private entrance for storage or potential expansion Private yard for outdoor enjoyment Great location with nearby transportation, shopping, and schools,Being sold AS-IS,Don't miss this incredible opportunity to own a high-potential income-producing property. Schedule your showing today!
Exterior Features

Approximate Lot Size 25X101 Color Of Building white Exterior Description Vinyl Siding Exterior Features Privacy Fence Number Of Parking Spaces 0 Parking Driveway Description None Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Wall A/C Unit(s) Heating Baseboard - Hotwater Total Number Of Rooms 23 Unit1 Appliances Equipment CarbMDetCookGasRefrig Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenKitchenLiving Room Unit1 Rooms 6 Unit1 Security Deposit 2314 Unit1 Sq Ft 1000 Unit2 Appliances Equipment CarbMDetCookGasRefrig Unit2 Baths 2.0 Unit2 Bedrooms 5 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsDining RoomEat-In KitchenFamily RoomKitchen Unit2 Rooms 9 Unit2 Sq Ft 1400

Property Features

Assessment Total 138900 Building Assessment 123800 Easement No Expenses Include InsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 35712 Land Assessment 15100 Net Operating Income 25712 Renovated Year 2010 Sewer Public Sewer Tax Amount 7076 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 10000 Unit Style 3-Three Story Unit1 Lease Expiration 2025-10-31 Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 1543 Unit2 Handicap Modified No Unit2 Lease Expiration 2026-04-01 Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 1433 Unit2 Security Deposit 2149 Utilities All Underground Water Public Water Water Heater From Furnace Year Built Description Renovated

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 848-219-5618.


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.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3961364-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3961364-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3961364-2.jpg
Logo
Corcoran Baer & McIntosh
97 South Broadway
South Nyack NY, 10960