215 E 16Th St, Paterson City NJ 07524-2008

Property City
Paterson City
Property Price
$899,999
Bedrooms
12
Year Built
1950
Tax Annual Amount
$13935
TaxYear (*text)
2025
Roof (*text)
See Remarks
Lot Size Area
0.11
MLS Status
Active
MLS #
4027159

Well-maintained multi-family property featuring three residential units plus a fully finished walkout basement with additional living space. All units offer spacious, well-proportioned layouts with separate living and dining rooms, providing strong rental functionality and comfortable living space. Unit 1 features 3 bedrooms, 1 full bath, a spacious living room, dining room, and kitchen. Unit 2 offers 4 bedrooms, 1 full bath, with a spacious living room, dining room, and kitchen layout. Unit 3 includes 3 bedrooms, 1 full bath, living room, dining room, and kitchen, offering a functional layout with generous space. The fully finished walkout basement includes 2 bedrooms, 2 full baths, and also features a living room, dining area, and kitchen. Property features a long driveway with two-car wide parking. Each unit has separate utilities. Tenants will remain in place at closing, allowing for immediate rental income. According to seller representation and DCA records, the property is registered and inspected as a 3-unit dwelling. Buyer is responsible for verifying legal use, zoning, and occupancy with the municipality. Strong income-producing property with stable rental structure and long-term appreciation potential.

Yearly Tax Rate
5.335
Year Built (*numeric)
1950
Basement
Yes
Roofing (*text)
See Remarks
Days On Market
1
Basement (*text)
Yes
Cooling (*text)
Wall A/C Unit(s)
Heating
3 Units, Radiators - Hot Water, See Remarks
Lot Size Dimensions
50X100
Property Location

40.93024, -74.15403

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Data import from
GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762