Paterson City, NJ 07522 191 W Broadway
$1,800,000
26 more
Presented By: NICHOLAS REAL ESTATE AGENCY; 973-340-1202
- MLS# 3947418
- 02/24/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 6
Home Details
New construction all units have central air and washer and dryer. 30 year tax abatement. Income and expense shows 7%+ CAP. Great investment opportunity, perfect building for a 1031 Exchange.
Presented By: NICHOLAS REAL ESTATE AGENCY; 973-340-1202
Interior Features for 191 W Broadway
Bedrooms
Num 4 Bed Units
Bathrooms
Num Units w/Full Bath6
Num Units w/Half Bath
Half Baths6
Other Interior Features
Price Per Sq Ft342.00
Available Sq Ft0
Num 3 Bdrm Units3
Num 2 Bdrm Units3
Num 1 Bdrm Units
Fuel TypeGas-Natural
Total Stories3
General for 191 W Broadway
Cap Rate7.90
ConstructionSee Remarks
Cooling4+ Units, Central Air
CountyPassaic
DirectionsBelmont Ave or Union Ave to West Broadway
Documents AvailableIncome & Expenses
DriveOn-Street Parking
EasementUnknown
Equipment AvailableFire Alarm, Intercom
Gross Income155400
Heating4+ Units, Forced Hot Air
Leasable Area
LocationFreestanding
Net Operating Income142200
Num Apts6
Number Of Units Total6
Operating Expense13200
OwnershipFee Simple
Possession0-30
Property TypeApartment Complex
Property TypeApartment Complex
RoofFlat
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount1304
Tax Assessed Value25600
Tax Lot15
Tax Year2024
Town #2508
TownshipPaterson City
UtilitiesElectric, Gas-Natural
Utilities Paid ByTenant
Year Built2024
ZoningCom-res
Exterior for 191 W Broadway
Building Area Total5250
Exterior DescriptionVinyl Siding
Lot Dimensions28 X 85
Lot Size Acres0.05
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
