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Commercial Sale For Sale
84-88 Jefferson Street, Paterson, NJ 07522
Excellent investment opportunity with a current 8% cap that can be easily raised to 11%. A current property management company is in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two-bedroom units, renovated 6 years ago and equipped with central air. The second building consists of 3 three-bedroom units. 2 units were renovated 6 years ago, and the first-floor 4-bedroom unit was totally renovated last year, with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long-term tenants.
- Property Type:
- Commercial Sale
- Listing Type:
- For Sale
- Listing ID:
- 26019092
- Price:
- $999,999
- Year Built:
- 1900-1939
- Status:
- Active
- Office Name:
- Keller Williams City Views Realty
- Agent Name:
- Joseph
- Roof:
- Asphalt
- Architectural Style:
- 5+Family
- Country:
- US
- State:
- NJ
- County:
- PASSAIC
- City:
- Paterson
- Zipcode:
- 07522
- Street:
- Jefferson
- Street Number:
- 84-88
- Street Suffix:
- Street
- Longitude:
- W75° 49' 38.5''
- Latitude:
- N40° 55' 35.7''
- On Market Date:
- 2026-05-27
- Tax Annual Amount:
- 20416
- List Agent Mls Id:
- 1013148
- List Office Mls Id:
- 2800
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-28T04:33:31Z
- Originating System Name:
- njmls
- Status Change Timestamp:
- 2026-05-27
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