106-108 N 8Th St, Paterson City, NJ 07522
sale
$1,299,000
|
Other
Courtesy Of Corey J Schneider
Exceptional High-Yield Multifamily Opportunity Less Than 20 Miles from Times Square. Located in a high-demand commuter corridor in Paterson, NJ, is this robust 6 residential-unit income property. Built for operational efficiency and low vacancy, this two-story building features an ideal, uniform asset mix of six spacious 2-bedroom, 1-bath units.Capital expenditure and risk are heavily mitigated by having three units which have already been recently renovated with modern finishes. Which will command top-of-the market rents and secure premium, long-term tenants. A shared driveway leads to approximately 5 private, off-street parking spaces? a massive tenant draw that minimizes turnover in this dense urban market. Additionally, the property is equipped with an advanced 22-camera security system, delivering unparalleled remote operational oversight, liability protection, and enhanced tenant safety. Whether expanding a portfolio or executing a 1031 exchange, this asset delivers immediate cash flow, ease of management, and long-term equity growth in a resilient, transit-oriented market. Turnkey infrastructure with strong fundamentals?schedule your acquisition tour today.
Read More About This Property
Read Less About This Property
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 6
- Exterior Type: Vinyl Siding
- Exterior Type: Concrete
- Exterior Type: See Remarks
- Floors: 3
- Heating System: Baseboard
- Heating System: Electric (Heating)
- MLSID: 4016392
- Parking Spaces: 6
- Roof Type: Asphalt
- Roof Type: See Remarks
- Roof Type: Shingle
- Rooms: Basement
Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$1,600,000
Other
328 Dakota St
Paterson City, NJ 07503
Building: 4,200 sq. ft.
|
Land: 0.07 Acres
Courtesy Of Emily Abdy Realty Group
sale
$1,450,000
Other
384-390 River St
Paterson City, NJ 07524
Land: 0.07 Acres
Courtesy Of UNITED REAL ESTATE
sale
$1,435,000
Other
62 Lafayette St
Paterson City, NJ 07501
Building: 999 sq. ft.
|
Land: 0.11 Acres
Courtesy Of eXp Realty, LLC
sale
$1,398,000
Commercial-Other
59 Broadway
Paterson City, NJ 07505
Building: 8,520 sq. ft.
|
Land: 22.96 Acres
Listed By CENTURY 21 Cedarcrest Realty, Inc.