$10,000 Closing Credit¹
John G. Susani, Listing Office: Coldwell Banker Susani
$10,000
closing credit¹
100-104 3rd Ave Unit 4 Paterson City, NJ 07514
$1,200,000 List price
$10,000
Closing credit¹
10 beds
4 full
0.1 acres
Multi-Family
Property details
About 100-104 3rd Ave Unit 4
This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.
Highlights
Home typeMulti Family
HeatingForced Air, Electric, Natural Gas
StatusActive
BasementYes
Lot size0.12 Acres
Parking2 Car Width, Blacktop, Driveway-Shared, Off-Street Parking, On-Street Parking, Built-In Garage, Garage Parking, On-Street Parking
MLS #3909266
Garage4 spaces
Summary
- MLS Number: 3909266
- Office Name: COLDWELL BANKER SUSANI REALTY
- Office Phone: (973) 790-6996
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Last updated on: 1/30/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
100-104 3rd Ave Unit 4
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Westmoreland Elementary School
Public District PK-5
0.6 mi
•16-50 Parmelee Ave
8
Forrest Elementary School
Public District KG-5
0.8 mi
•10-00 Hopper Ave
6
School 1
Public District KG-5
1.0 mi
•1 E 32nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,490. Residents of Paterson City, NJ typically earn between $35k-100k each year. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
21%
<35k
76%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
21%
Single, with Kids
14%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
9%
12-17 yrs old
32%
18-34 yrs old
32%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 100-104 3rd Ave Unit 4 in Paterson City, NJ and zip code 07514 in the 3rd Ward neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $1,200,000.
The number of homes for sale in Paterson City, NJ increased by 12.3% between November and December 2024. Listings spent 88 days on the market in December 2024, and had a median list price of $475,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.