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Residential Income For Sale

294 Governor St, Paterson City, Passaic 07501-1350

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Property Description

Investment opportunity in the heart of Paterson. This brick four-family building features four units, each offering 2 bedrooms and 1 full bathroom with an open-concept living room and kitchen layout. Each unit includes wood flooring, granite countertops, and updated cabinetry, along with pantry storage and additional closets. The property offers off-street parking on one side for up to four vehicles (or shared use), with additional space on the opposite side that may allow for future parking expansion. The building does require some updates and improvements, making it ideal for an investor or buyer looking to add value and increase returns. With the right vision and upgrades, this property has strong potential as an income-producing asset. Conveniently located near transportation, shopping, and local amenities.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4028484
Price:
$799,000
Year Built:
1940
Lot Area:
0.13 Acre
Status:
Under Contract
Office Name:
REALTY ONE GROUP LIFESTYLE HOMES
Full Bathrooms:
4
Roof:
Built-Up, Flat
Features
Heating System:
Baseboard - Hotwater, 4+ Units
Cooling System:
None
Basement:
Full, Unfinished
Architectural Style:
Fourplex
Exterior Features:
Sidewalk
Interior Features:
Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Passaic
County:
Passaic
City:
Paterson City
Zipcode:
07501-1350
Street:
Governor St
Street Number:
294
Longitude:
W75° 50' 38.1''
Latitude:
N40° 55' 19''
Directions:
Straight St to Governor St
Additional Information
Lot Size Dimensions:
100X55
Water Source:
Public Water
Number Of Units Total:
4
Lot Features:
Level Lot
Building Size:
3344
Financial
Tax Annual Amount:
15119
Listing Information
Co List Agent Mls Id:
403907
List Agent Mls Id:
402638
List Office Mls Id:
5994
Mls Status:
Under Contract
Modification Timestamp:
2026-06-10T13:05:13Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4028484
Lot Area:
0.13 Acre
$799,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com