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Sold for $1,350,000 on 05/07/25
  • $1,350,000

    557-565 E 23rd St, Paterson, NJ 07514

    --beds
    --baths
    --sqft
    Mixed Use
    Built in ----
    -- sqft lot
    $1,395,100 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

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    $9,775/mo

    Est. payment

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    $9,775/mo

    Est. payment

    What's special

    Discover a unique 8-unit garden-style multifamily property that stands apart from the rest! Situated on the border of the Wrigley Park and East Side neighborhoods, this well-maintained asset offers tremendous curb appeal, a very attractive option for local renters. With minimal deferred maintenance, investors can cash flow from day one, while still unlocking additional value through strategic management and improvements. Boasting a thoughtful unit mix, each apartment is spacious and well laid out, catering to tenant comfort and long-term occupancy. Whether you're an investor looking for a stable income-producing property or seeking an opportunity to enhance returns throughout repositioning, this property delivers both reliability and upside for its next owner.

    Zillow last checked: 7 hours ago

    Listing updated: May 27, 2025 at 12:34pm

    Listed by:

    Ariel De Leon 862-591-0709,

    EXP Realty, LLC

    Bought with:

    Russell Juzdan

    Emily Abdy Realty Group

    Emily Abdy Realty Group

    Source: NJMLS,MLS#: 25003977MLS Logo

    Facts & features

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Materials
    • Roof: See Remarks

    Community & neighborhood

    Location
    • Region: Paterson

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    Services availability
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    Estimated market value
    $1,395,100