116 Belmont Ave, Paterson, NJ 07522
Local realty services provided by:Better Homes and Gardens Real Estate Elite
116 Belmont Ave,Paterson City, NJ 07522
$783,000
- 9 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: guido barrantes
Office: promise land realty973-253-7330
MLS#:3969680
Source:NJ_GSMLS
Price summary
- Price:$783,000
About this home
THIS IS A MIXED-USE PROPERTY. THERE WAS A LAUNDROMAT OPERATING ON THE FIRST FLOOR, BUT THE MACHINES WERE REMOVED. EVERYTHING IS NOW READY TO HOOK UP 20 WASHERS AND 20 DRYERS. NEW CENTRAL AC/HEAT INSTALLED. THIS IS AN OPPORTUNITY FOR SOMEONE WHO WOULD LIKE TO START A LUCRATIVE BUSINESS. ALSO FEATURES 2 NICELY KEPT APARTMENTS ON THE SECOND AND THIRD FLOORS. (SEE DETAILS IN UNIT INFORMATION SECTION). THE DRIVEWAY, THE SIDING, AND THE ROOF ARE NEW. YOU HAVE TO SEE TO APPRECIATE SO MANY IMPROVEMENTS RECENTLY DONE. TAKE ADVANTAGE OF THIS HUGE PRICE REDUCTION...!!! DUE TO FIRST FLOOR VACANCY, MORTGAGE COMPANIES ARE ASKING AT LEAST 30% DOWN PAYMENT. THEREFORE, THE SELLER IS ONLY ACCEPTING CASH OR CONVENTIONAL OFFERS WITH A 30%DOWN PAYMENT.
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Home facts
- Year built:1970
- Listing ID #:3969680
- Added:237 day(s) ago
- Updated:May 16, 2026 at 08:35 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:16
- Basement Description:Basement, Full, Unfinished
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:3 Units, Radiators - Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1970
- Lot area:0.1 Acres
- Lot Features:Level Lot
- Architectural Style:3-Three Story
- Construction Materials:Vinyl Siding
- Exterior Features:Metal Fence, Wood Fence
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$783,000
- Tax amount:$14,291 (2024)
Parking
- Parking description:Blacktop Driveway
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