581 E 18Th St Paterson, NJ ^$ 749,900

581 E 18Th St

^$ 749,900

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581 E 18Th St

Paterson, NJ, 07514

^$ 749,900

Studio Baths0.3

Monthly Estimate*

^$ 4,984

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Studio

Commercial Property for sale in Paterson, NJ

for $749,900 with 3 half baths. The lot size is 0.06.

Fully renovated building with three units mixed-use, fully occupied with 8% caprate. The building has 3 gas meters, 4 electrics meters and 2 water meters all separated. The first floor is a commercial store with a backyard access while the second floor (3BR, 1BA) and third floor (2BR, 1BA) share the main entrance and the emergency exit. Income for 3 units are $2000, $1893, $1595 respectively.

Commercial Active

Price

^$ 749,900

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 6,015

Style

MixedUse

Lot Size

0.06

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3893171

Features

General

Sewer Public Available

Construction Brick/Block Wood

Heating 3 Units Baseboard - Hotwater

Cooling Window A/C(s)

Utilities Electric Gas-Natural

Possession 0-30

Roof Asphalt Shingle

Zoning B-2

Tenant Pays Electric Gas Heat Hot Water Sewer Snow Removal Trash Removal Water

Township Paterson City

Property Type Mixed Use Store With Apartment MixedUse

Tax Year 2023

Percent Ownership Fee Simple

Location Business District Residential Area See Remarks

Gross Income 65856

County Passaic

Net Operating Income 57356

Operating Expense 8500

Status Active

Directions Hamilton Ave turn to 18th St

Total Units 3

Street Name E 18Th St

Tax Annual Amount 6015

Drive On-Street Parking

Leasable Area 0

Days on Market 0

Lease Type Gross

Standard Status Active

Tax Assessed Value 122700

Town # 2508

Tax Lot 26

Cap Rate 8.00

Farm Assessment No

Interior

Basement Partial Unfinished

Flooring Wood

Fuel Type Gas-Natural

Total Stories 3

Half Baths 3

Exterior

Water Source Public Water

Exterior Description Brick/Block Vinyl Siding

Building Area Total 2750

Lot Dimensions 25X102

Lot Size Acres 0.06

* Excluded Features

List By

JACOB NGUYEN

Listing Agent

Northeast Realty & Management Llc

Broker

j_diaoc@hotmail.com

Affordability Calculator

$5,485

Per Month

Monthly Principal & Interest: $4,984
Monthly Property Taxes: $501
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Paterson, NJ

Average List Price ^$692,199

Percent of Sale Price 8%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$749,900		Listed Price

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581 E 18Th St, Paterson, NJ, 07514 is a Commercial Property for sale at $749,900 with a lot size of 0.06. 581 E 18Th St is a studio with 0.3 baths. The property's zip code is 07514 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

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.

This information is being provided 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.

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581 E 18Th St

Commercial Property for sale in Paterson, NJ

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