354 Hamilton Avenue
Paterson, NJ 07501
#25002192
Description
This exceptional project presents a unique opportunity to develop a highly sought-after 9-unit residential building in a thriving location. All necessary city approvals are in place, streamlining the development process and minimizing potential delays. Buyer will only have to apply for permits and break ground immediately. The building thoughtfully incorporates a lobby, mail and package area, stairwell, refuse and recycling room, and a studio unit on the ground floor. The 2nd and 3rd floors feature a one 1 bedroom unit and three 2 bedroom units on each floor, catering to a diverse range of potential residents. 6 off-street parking spaces and a bike rack enhance resident convenience and appeal. This property has an area of 5,520 Sq Ft. This project may qualify for 20 or 30 year tax abatement subject to city approvals.
Property Details
- Date ListedJanuary 20, 2025
- Property TypePurchase
- Original List Price$900,000
- MLS #25002192
- Property Subtype5+Family
- MLS #25002192
- Cost900000
Location
Legal
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Susan Camus | Imagine Properties are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
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: 460874 (#460874), Phone: (973) 220-6420, Email: Aguilliani.realtor@gmail.com
Listing Office: Century 21 A.G. Realty Group (#56152)

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