107 Jersey St, Paterson, NJ 07501

Local realty services provided by:Better Homes and Gardens Real Estate Elite
107 Jersey St,Paterson City, NJ 07501
$750,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:kimberly barreto
Office:addison real estate
MLS#:3971220
Source:NJ_GSMLS

Price summary

  • Price:$750,000

About this home

Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units and bonus billboard rental making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income andattracting long-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. Thishigh-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Justoff Rt 80 with Rt 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for persons seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your

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Home facts

  • Year built:1940
  • Listing ID #:3971220
  • Added:94 day(s) ago
  • Updated:September 06, 2025 at 02:17 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Half bathrooms:1

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:3 Units

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Lot area:0.02 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Tax amount:$10,704 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated September 6, 2025

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