163 Temple St Paterson, NJ $ 595,000
163 Temple St
$ 595,000
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163 Temple St

Paterson, NJ, 07522
$ 595,000
Baths0.3

Monthly Estimate*

$ 3,955

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Studio

Commercial Property for sale in Paterson, NJ

for $595,000 with 3 half baths. This building was built in 1925.

This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding. Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.

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Commercial Active

Price

$ 595,000

Bedrooms

Studio

Half Bath

3

Property Type

Commercial

Taxes

$ 10,286

Style

MixedUse

Year Built

1925

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3893132

Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating 3 Units Baseboard - Hotwater
Cooling 3 Units Window A/C(s)
Utilities All Underground Electric Gas-Natural
Possession At Closing
Roof Asphalt Shingle
Zoning R-3
Garage Spaces 0
Year Built 1925
Tenant Pays Electric Gas Heat
Township Paterson City
Property Type Mixed Use MixedUse
Tax Year 2024
Percent Ownership Fee Simple
Location Corner Residential Area See Remarks
County Passaic
Status Active
Directions North 7th to temple
Total Units 3
Street Name Temple St
Tax Annual Amount 10286
Drive None
Leasable Area 0
Days on Market 21
Standard Status Active
Tax Assessed Value 209800
Town # 2508
Tax Lot 5
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Interior
Basement Storage Unfinished
Fuel Type Gas-Natural
Total Stories 3
Half Baths 3
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Exterior
Lot Features Corner
Water Source Public Water
Exterior Description Vinyl Siding
Building Area Total 0
Lot Dimensions 26x75
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* Excluded Features
List By
JULIANA GIBBS

Listing Agent

Re/Max Select

Broker

gibbssellnj@gmail.com

Email

Affordability Calculator

$4,812
Per Month
82%
18%
0%
Monthly Principal & Interest
$3,955
Monthly Property Taxes
$857
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$595,000 Listed Price

Map


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163 Temple St, Paterson, NJ, 07522 is a Commercial Property for sale at $595,000. 163 Temple St is a studio with 0.3 baths and was built in 1925. The property's zip code is 07522 which is in Paterson, NJ