384-390 River Street, Paterson, NJ 07524
Local realty services provided by:CENTURY 21 Gold Properties Realty, Inc
384-390 River Street,Paterson, NJ 07524
$1,350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: roberto sanchez
Office: united real estate888-501-6953
MLS#:26004333
Source:NJ_MLS
Price summary
- Price:$1,350,000
About this home
Great Investment Opportunity with Dedicated Parking lot, approx, PRICE ADJ. by $100,000. Approx. $140K annual income, featuring a maintenance-free property with 8 units mix-use property consisting of 4 newer 2 bedrooms 2nd floor residential units in great condition, built approx. 1995 with modern/open layouts, LR, Kitchens, 2 spacious bedrooms and bath, all separate utilities and gas baseboard heat (RENTS are under Mkt Value and currently M2M at $1200 EACH), the ground floor consists of 4 shops (Unit#1 currently for rent at $2,000 a month consisting of approx 2000SQF formerly used as an upholstery shop with overhead 12' door), Unit#2: a Karate/Gym with office and 2nd floor room with restrooms rented at $1650, Unit#3: Tire-Shop currently $1,280, and Unit#4 Auto Repair $1680. Property is very well maintained and in good condition consisting of 2 lots (384-386 River St - Parking for tenants, and 386-390 River St ).This building is very well-maintained, in a convenient location of Paterson, close to shopping, NYC transp.and major highways....
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Home facts
- Listing ID #:26004333
- Added:153 day(s) ago
- Updated:July 13, 2026 at 05:07 PM
Finances and disclosures
- Price:$1,350,000
- Tax amount:$29,500
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