107 Jersey Street
Paterson, NJ 07501
#25004429
Description
Welcome to your prime corner lot, income-generating powerhouse! This mixed-use, corner-lot property offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attracting long-term tenants. The ground-floor unit is currently a fully operational restaurant, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just off Route 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionals seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Ground level can only be commercial*
Property Details
- Date ListedFebruary 10, 2025
- Property TypePurchase
- Original List Price$650,000
- MLS #25004429
- Property Subtype3 Family
- MLS #25004429
- Cost650000
Location
Legal
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All information deemed reliable but not guaranteed. Last date updated: 01/09/2023
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Last Updated: . Source: NJMLS
Listing Courtesy
Listing Agent: 459642 (#459642), Phone: (973) 592-8113, Email: KimberlyMBarreto@gmail.com
Listing Office: Addison Real Estate (#56901)

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