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Paterson City, NJ 07501 19 Market St.

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Presented By: JK REALTY; 973-472-7000
  • Garden State MLS (GSMLS) - 38 - NJ
  • MLS# 3926097
  • 09/25/2024
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Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.

    Home Details

    More images to come: Located in the Great Falls Historical District, discover a remarkable investment opportunity in the renowned Great Falls Historical District. This property offers a total of 14 units, perfectly blending modern comfort with a touch of historical charm. Unit Composition: 10 units with 2 bedrooms and 2 bathrooms,4 units with 3 bedrooms (2 units with 2bathrooms, and 2 units with 2.5 bathrooms) Open floor plans, granite countertops Stainless steel appliances. Building Details: Brick elevator building. Parking Options: Some units with garaged parking, others with outdoor parking. The property is strategically located close to major highways including Route 80, Route 19, Route 46, and the Parkway, making it incredibly accessible. Just 13 miles from NYC, this location is perfect for tenants who commute to the city.Great investment potential with its prime location and desirable amenities. Don't miss out call today for more details! Pictures are prior to tenant moving in the unit.***Please note this is a 20 unit condo complex and we are selling 14 units the 6 are individually owned***
    Presented By: JK REALTY; 973-472-7000

    Interior Features for 19 Market St.

    Bedrooms

    Num 4 Bed Units

    Bathrooms

    Num Units w/Full Bath14
    Num Units w/Half Bath2
    Half Baths

    Other Interior Features

    Floor Load0
    Price Per Sq Ft0.00
    Available Sq Ft0
    Num 3 Bdrm Units4
    Num 2 Bdrm Units10
    Num 1 Bdrm Units
    FlooringCarpeting, Laminate, See Remarks, Wood
    Fuel TypeGas-Natural
    Total Stories3

    General for 19 Market St.

    Cap Rate6.00
    ConstructionBrick/Block
    CoolingCentral Air
    CountyPassaic
    DirectionsMc Bride to Spruce to Market, Rt 19 to Grand to Spruce St.
    Documents AvailableIncome & Expenses, See Remarks
    DriveAssigned, Blacktop, Off-Street Parking
    EasementUnknown
    Equipment AvailableAppliances, Handicapped Access, Intercom, Passenger Elevator(s), Smoke Detector, Sprinkler System
    Farm AssessmentNo
    Gross Income343836
    HeatingForced Hot Air
    Leasable Area
    LocationFreestanding
    Net Operating Income201022
    Num Apts14
    Number Of Units Total14
    Number of Amps
    Operating Expense155914
    OwnershipCondominium
    PossessionPOT
    Property TypeCondo Complex
    Property TypeCondo Complex
    RoofFlat
    ServicesCable TV
    SewerAssociation
    Standard StatusActive
    StatusActive
    Subdivision NameGreat Falls Historical Dist
    Tax Annual Amount70000
    Tax Assessed Value0
    Tax Lot10
    Tax Year2023
    Town #2508
    TownshipPaterson City
    UtilitiesElectric, Gas-Natural, See Remarks
    Utilities Paid ByTenant
    Year Built2006
    ZoningResidential

    Exterior for 19 Market St.

    Building Area Total
    Exterior DescriptionBrick/Block
    Lot DimensionsCommon
    Lot Size Acres0.00
    Max Ceiling Height14
    Max Door Height0
    Number of Bays0
    Number of Docks0
    Water SourcePublic Water

    Additional Details

    Price History

    Glenn Wechsler and Rob DiMeo Team

    Price $3,500,000
    MLS#3926097
    List Date 09/25/2024
    Property Type Commercial
    Phone 201.777.0660
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