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Commercial Sale For Sale
60-62 Plum Street, Paterson, NJ 07503
Welcome to a TRUE TURNKEY opportunity! A newly constructed 20-unit residential building, located 2 blocks away from St. Joseph’s Children’s Hospital! 3 blocks away from access to Route-80! Only 20 minutes away from Manhattan (via GW Bridge). 60-62 Plum St, was built from the ground up, and completed in January 2025, and comes with the added benefits of a very low maintenance, allowing the owner/landlord, to self manage the property, if chosen too. Also the BIG BONUS….a (30) YEAR TAX ABATEMENT, with (29) YEARS REMAINING!!! And with NO RENT CONTROL RESTRICTIONS, this property is perfectly positioned, to keep the expenses low with increasing the rent roll yearly. The perfect pairing for any investor’s formula. Contact today, to set up an in-person tour, and/or get a google link to extensive photos & video walkthrough tours of each unit (prior to occupancy).
- Property Type:
- Commercial Sale
- Listing Type:
- For Sale
- Listing ID:
- 25042891
- Price:
- $7,250,000
- Year Built:
- New Const-New Fdn
- Status:
- Active
- Office Name:
- Keller Williams Team Realty
- Agent Name:
- Gershon
- Roof:
- Flat, O/See Rmrks
- Architectural Style:
- 5+Family
- Country:
- US
- State:
- NJ
- County:
- PASSAIC
- City:
- Paterson
- Zipcode:
- 07503
- Street:
- Plum
- Street Number:
- 60-62
- Street Suffix:
- Street
- Longitude:
- W75° 49' 57.8''
- Latitude:
- N40° 54' 20.2''
- On Market Date:
- 2025-12-16
- Tax Annual Amount:
- 3700
- List Agent Mls Id:
- 62850
- List Office Mls Id:
- 85001
- Mls Status:
- Active
- Modification Timestamp:
- 2025-12-16T15:30:02Z
- Originating System Name:
- njmls
- Status Change Timestamp:
- 2025-12-16
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