Property details
About 48 N York St
Welcome to your dream home in the Riverside Section of Paterson! This massive and stylishly renovated 4-family is a dream come true for homeowners or investors. Spanning over 4,900+ square feet of modern living space, this legal 4-family home has been fully renovated from top to bottom with contemporary finishes, brand-new appliances, and all new utilities making it 100% move-in ready and low maintenance for years to come. Each unit offers spacious layouts with sleek kitchens, designer bathrooms, and updated flooring throughout, perfect for tenants seeking both comfort and style. With a projected cap rate of approximately 9.65%, this property presents a rare opportunity for high rental income in one of Paterson's most sought-after neighborhoods. Other key features include a new roof, new siding, and a private parking lot that fits 3 to 4 cars a major bonus in the area. Whether you're an investor looking to expand your portfolio or a homeowner ready to live in one unit and rent the others, this property delivers on every level. Don't miss out on this exceptional Riverside gem!
Highlights
Summary
- Full Bathrooms: 6
- Basement: Yes
- Interior: Fire Extinguisher, Smoke Detector
- Total Bedroom Count: 17
- Attached Garage: No
- Parking: Blacktop, Driveway-Exclusive, None
- Exterior: Curbs, Sidewalk
- Architectural Style: 3-Three Story, Fixer Upper
- Heating: Baseboard, Natural Gas
- Cooling: None
- List Price: $979,999
- Lot: Corner Lot
- Directions: River St to Lyon St to N York St
- Lot Size: 0.06 Acres
- MLS Number: 3976913
- Office Name: KELLER WILLIAMS PROSPERITY REALTY
- Office Phone: (973) 696-0077
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Price information
Property sales
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Tax history
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Nearby schools
1
Edward W. Kilpatrick
Public District PK-3
0.9 mi
•295-315 Ellison St
6
School 1
Public District KG-5
1.0 mi
•1 E 32nd St
4
Washington Elementary School
Public District KG-5
1.0 mi
•176 Mohawk Ave
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 $21,143. Most Paterson City, NJ residents have annual incomes less than $<35k. Most families are single, with kids. Residents of this area typically have high school diploma education.
Frequently asked questions
About 48 N York St
The listing price of 48 N York St property is $979,999.
The property 48 N York St is a multi located in Paterson City, New Jersey, 07524.
Active Listing: 48 N York St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 48 N York St are: Edward W. Kilpatrick (GreatSchools Rating 1/10), School 1 (GreatSchools Rating 6/10), Washington Elementary School (GreatSchools Rating 4/10), School 10 (GreatSchools Rating 1/10), School 21 (GreatSchools Rating 1/10), School 12 (GreatSchools Rating 2/10), Rosa L. Parks School of Fine and Performing Arts (GreatSchools Rating 1/10), School of Earth and Space Science (GreatSchools Rating 2/10), School of Health Science (GreatSchools Rating 1/10).
The year of construction for 48 N York St is 0.
This home is located at 48 N York St in Paterson City, NJ and zip code 07524 in the 4th Ward neighborhood. Features: 17 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $979,999.
The inventory of homes for sale in Paterson City, NJ between May and June 2025 increased by 25.9%. The median list price of listings available in June 2025 was $499,900, while the average time on the real estate market was 80 days.