This Multifamily Property is no longer advertised on LoopNet.com.

309 Park Ave
Paterson, NJ 07504
 Multifamily Property For Sale · 17 Units

Apartment Buildings New Jersey Paterson 309 Park Ave, Paterson, NJ 07504

INVESTMENT HIGHLIGHTS

  • 36% Upside In Rents
  • 6.06% Cap Rate
  • 8.66% Cash-on-Cash Return
  • 17 Units
  • $121,159 NOI

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 11,770 SF
Average Occupancy 100%
No. Stories 3
Year Built 1920

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $850.00 -
1+1 10 $1,140 -
2+1 2 $1,300 -
3+1 1 $1,450 -

PROPERTY TAXES

Parcel Number 08-03819-0000-00011 Improvements Assessment $965,500
Land Assessment $62,000 Total Assessment $1,027,500

ZONING

Zoning Code R-3
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  • Listing ID: 23283418

  • Date on Market: 6/4/2021

  • Last Updated:

  • Address: 309 Park Ave, Paterson, NJ 07504

More public record information on 309 Park Ave, Paterson, NJ 07504

The Eastside Multifamily Property at 309 Park Ave, Paterson, NJ 07504 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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