NJ > Paterson City
Paterson City, NJ 07501,200 Summer St
Paterson City, NJ 07501,200 Summer St
Paterson City, NJ 07501,200 Summer St
Paterson City, NJ 07501,200 Summer St
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Manuel A Sanchez

Manuel A Sanchez

+1(551) 689-8439
$ 2,399,000
Est. payment | /mo

4,791 Sqft Lot

Save
$ 2,399,000
Est. payment | /mo
Save

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3973568

Year Built 2025

Annual Tax Amount $12,788

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

Welcome to a rare opportunity to own a brand-new, fully vacant 7-unit investment property located in a high demand rental market. This modern multifamily building offers immediate income potential with no renovation needed and the added benefit of a long term tax abatement, maximizing your return on investment from day one. Each of the seven units features high end finishes, contemporary layouts, and energy efficient systems designed to appeal to today's renters. With all units currently vacant, investors or owner-occupants can set their own market rents ideal for maximizing cash flow. The property's strong rental income potential makes it a perfect addition to any real estate portfolio.

Location

State NJ

County Passaic

Zoning residential

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling 4+ Units, Multi-Zone Cooling, See Remarks

Flooring Laminate

Equipment Appliances, Exhaust System, Fire Alarm, Handicapped Access, Intercom, Security System, Smoke Detector, Sprinkler System

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 6.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by WEICHERT REALTORS
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(551) 689-8439

manny@reigngroupnj.com

NJ, USA

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200 Summer St