Skip To Content

87 N 5th St

Paterson City, NJ 07522
  • $248,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • MLS #: 3951460
Under Contract
UPDATED: 38 min ago
$248,000
  • 6
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Calling all investors- Multi -family opportunity! incredible potential for savvy investors and those looking to take on a rewarding rehab project. Featuring 6 spacious bedrooms and 2 full baths, this multi-family home is perfect for transforming into a highly profitable rental. The bonus walk-up attic provides even more opportunity, allowing you to create additional living space, storage, or anything else you envision. With easy access to major highways and mass transportation, this location offers convenience for commuters and residents alike. Whether you're looking to revamp this property for rental income or personal use, the possibilities are endless. This home requires a full rehab and is available for cash buyers or those with approved rehab loans. Property is being sold strictly as is conditions with no representations from listing broker or seller.

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 2025-04-23T16:46:35.697.
www.baerhomes.com/homes/161553320
Print Image

87 N 5th St Paterson City, NJ 07522

  • Price: $248,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • Updated: 38 min ago
  • MLS #: 3951460
6
Beds
2
Baths
0
½ Baths
0.08
Acres
County:
Passaic
Area:
Paterson City
Property Description
Calling all investors- Multi -family opportunity! incredible potential for savvy investors and those looking to take on a rewarding rehab project. Featuring 6 spacious bedrooms and 2 full baths, this multi-family home is perfect for transforming into a highly profitable rental. The bonus walk-up attic provides even more opportunity, allowing you to create additional living space, storage, or anything else you envision. With easy access to major highways and mass transportation, this location offers convenience for commuters and residents alike. Whether you're looking to revamp this property for rental income or personal use, the possibilities are endless. This home requires a full rehab and is available for cash buyers or those with approved rehab loans. Property is being sold strictly as is conditions with no representations from listing broker or seller.
Exterior Features

Approximate Lot Size 37X100 Exterior Description Vinyl Siding Exterior Features Open Porch(es) Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating See Remarks Total Number Of Rooms 12 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomKitchenLiving RoomPorch Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description AtticBedroomsDining RoomKitchenLiving RoomPorch Unit2 Rooms 6 Unit2 Sq Ft 0

Property Features

Assessment Total 164700 Building Assessment 130700 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 34000 Net Operating Income 0 Sewer Public Sewer Tax Amount 8391 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays HeatTenant Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities ElectricGas In Street Water Public Water Year Built Description Unknown Zoning Residential

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 862-400-2933.


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 2025-04-23T16:46:35.697.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3951460-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3951460-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3951460-2.jpg
Logo
Corcoran Baer & McIntosh
97 South Broadway
South Nyack NY, 10960