386-390 River St, Paterson City, NJ 07524
386-390 River St, Paterson City, NJ 07524
386-390 River St, Paterson City, NJ 07524
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$1,298,000
Est. payment /mo
8,000 SqFt
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $162

MLS Listing ID 4047135

Year Built 1930

Annual Tax Amount $29,342

Tax Year 2025

Lot Size 3,049 Sqft

Property Sub-Type Mixed Use

Property Description

Annual income of approx. $138k/yr, Residential/Commercial, fully rented with great-paying tenants, very well-maintained, hassle-free property featuring a 2nd floor with 4-2 bedrooms, modern apartments built in 1990-1991 in great condition, with open layouts; (2 BEDROOMS, 1 mod-tiled bath and kitchen, LR/DR, Closets, casement windows, and more) fully rented with M2M leases. The ground floor consists of units 5 and 6 with approx. 4100 SQF combined for many possibilities (currently rented for $2,000 and $1650), and UNITS 7 and 8 on the Putnam St side currently rented for ($1,280 and $1,680), Parking lot, fenced-in, currently used by residential tenants for approx 6 cars, ALL SEPARATE utilities, including electric, heat, water, convenient location, (FULL BASEMENT, Great for storage/utility shop, etc), close to NYC bus, shopping, and major highways. a MUST SEE INVESTMENT Property.

Location

State NJ

County Passaic

Zoning Mix-use

Rooms

Basement Bilco-Style Door, Full, Storage, Unfinished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Flooring See Remarks

Equipment Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature ConcBrd, SeeRem, Vinyl

Garage Spaces 6.0

Utilities Available All Underground

Roof Type Flat, Rubberized

Garage No

Building

Lot Description Level Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by UNITED REAL ESTATE

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REX Exceptional Client Care

REX Exceptional Client Care

+1(866) 742-5732

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