$1,300,000
( $1.00Per Sq Foot )
 $6,979 est/mo Sourced by Back At You

84 Auburn St,Paterson City, NJ 07501

Paterson City, NJ 07501

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Description

Welcome to a rare turnkey investment opportunity: a 2020-built, 6-unit multifamily property fully leased at strong market rents. This modern asset offers six 1-bedroom, 1-bath residences, each thoughtfully designed with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, in-unit laundry, and individual HVAC systems controlled by each tenant.The building is engineered for efficiency and durability, featuring tankless instant hot water, a full security camera system, fire sprinkler system, and split HVAC systems serving the common areas. Quality construction and low-maintenance systems translate to reduced operating costs and long-term performance.Located in Paterson, this property combines modern design, high tenant appeal, and reliable cash flow?making it an ideal addition for investors seeking a stabilized, low-maintenance asset from day one. Opportunities like this don?t come around often?secure this premium multifamily investment today.

Details

MLS #4005403
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2020
Days On Site264
Listing Provided ByCOLDWELL BANKER REALTY | MATTHEW O HARE

Features

BasementY
Story(s)3
Units6
ZoningResidential

Taxes

Property5940

Area Information

StateNJ
CountyPassaic
CityPaterson City
Zip Code07501
AreaPassaic
Listing VS Median (in 07501)
Price:
$1,300,000
low | high
Med:
$264,900
100% of Average
On site:
264
low | high
Med:
60
100% of Average
Sourced by Back At You

Market Activity 07501

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Additional Information

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Contact

Learn More About This Property

Harry Sahlman

Harry Sahlman

Village Square Realtors

 (862) 684-0236harrysahlman15@gmail.com
StateNJ
CountyPassaic
CityPaterson City
Zip Code07501
AreaPassaic
Listing VS Median (in 07501)
Price:
$1,300,000
low | high
Med:
$264,900
100% of Average
On site:
264
low | high
Med:
60
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $975K - $1.625M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
276 Ellison St Property Photo 1
$1,248,800
276 Ellison St
Paterson City, NJ 07501
276 Ellison Street Property Photo 1
$1,248,800
276 Ellison Street
Paterson, NJ 07501
31 12Th Ave Property Photo 1
$999,999
31 12th Ave
Paterson City, NJ 07501
Listing Updated: October 5, 2026 at 5:10:36 PM PDT

Harry Sahlman - Village Square Realtors