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581 E 18th St

Paterson City, NJ 07514
  • $669,990
  • STATUS: Active
  • ON SITE: 66 Days
  • MLS #: 3950434
$669,990
  • 5
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:
Passaic
Area:
Paterson City

School Ratings & Info

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Description

Discover the rebuilt mixed-use property with zoning B-2. This building features three fully occupied units and underwent extensive renovations in 2022, including a new roof, new masonry, and a finished basement. It boasts 3 gas meters, 4 electric meters, and 2 water meters, ensuring seamless utility management. The ground floor houses a smoke shop, while the second floor offers a 3-bedroom apartment. The third floor features a cozy 2-bedroom apartment. Located just three blocks from the Broadway Express Bus to Midtown NYC, this property offers unparalleled convenience for commuters. Don't miss out on this exceptional investment opportunity in a prime location.

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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 2025-05-18T14:46:02.283.
www.baerhomes.com/homes/161361293
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581 E 18th St Paterson City, NJ 07514

  • Price: $669,990
  • Status: Active
  • On Site: 66 Days
  • MLS #: 3950434
5
Beds
3
Baths
0
½ Baths
0.06
Acres
1963
Built
County:
Passaic
Area:
Paterson City
Property Description
Discover the rebuilt mixed-use property with zoning B-2. This building features three fully occupied units and underwent extensive renovations in 2022, including a new roof, new masonry, and a finished basement. It boasts 3 gas meters, 4 electric meters, and 2 water meters, ensuring seamless utility management. The ground floor houses a smoke shop, while the second floor offers a 3-bedroom apartment. The third floor features a cozy 2-bedroom apartment. Located just three blocks from the Broadway Express Bus to Midtown NYC, this property offers unparalleled convenience for commuters. Don't miss out on this exceptional investment opportunity in a prime location.
Exterior Features

Approximate Lot Size 25X102 Exterior Description Brick Number Of Parking Spaces 5 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Wall A/C Unit(s) Heating Baseboard - Hotwater Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 11 Unit1 Appliances Equipment CookGasFireAlrmRgOvGasSeeRem Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomSee RemarksStorage Unit1 Rooms 2 Unit1 Security Deposit 6000 Unit1 Sq Ft 1000 Unit2 Appliances Equipment CookGasFireAlrmMicrowavRgOvGasRefrig Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving/Dining RoomSee Remarks Unit2 Rooms 5 Unit2 Sq Ft 950 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsEat-In KitchenLiving/Dining Room Unit3 Rooms 4 Unit3 Sq Ft 800

Property Features

Assessment Total 122700 Building Assessment 68300 Easement No Expenses Include InsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 69000 Land Assessment 54400 Net Operating Income 60500 Renovated Year 2023 Sewer Public Sewer Tax Amount 6251 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 8500 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 2100 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 2000 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit3 Rent 1650 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Renovated Zoning B-2

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 5512081848.


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 2025-05-18T14:46:02.283.
 
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