This home is being sold as part of a Stabilized Portfolio of 10 properties in the greater Patterson, NJ market just outside New York City. The portfolio is 95% occupied, providing both yield and appreciation. Investors will enjoy immediate cash flow while retaining the opportunity to improve and reposition the units to increase cash flow and appreciation potential. Full portfolio information including P&L, inspections and property details can be found at www.ownamerica.com/patterson.
Sold for $550,000 on 11/21/24
$550,000
626 E 23rd St, Paterson, NJ 07514
--beds
0baths
3,153sqft
MultiFamily
Built in 1940
-- sqft lot
$598,300 Zestimate®
$174/sqft
$1,975 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,153 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 2,178 sqft
Details
- Parcel number: 0803415000000003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Paterson
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Estimated market value
$598,300