Realtyna\MlsOnTheFly\Components\CloudPost\SubComponents\RFClient\SDK\RF\Entities\RFProperty {#25123 +post_id: "28265" +post_author: 1 +"ListingKey": "5419421" +"ListingId": "4016392" +"PropertyType": "Commercial Sale" +"PropertySubType": "Apartment Complex" +"StandardStatus": "Active" +"ModificationTimestamp": "2026-08-03T21:27:43Z" +"RFModificationTimestamp": "2026-08-04T02:20:33Z" +"ListPrice": "1090000" +"BathroomsTotalInteger": 0 +"BathroomsHalf": "6" +"BedroomsTotal": 0 +"LotSizeArea": 0.17 +"LivingArea": 4008.0 +"BuildingAreaTotal": "4008" +"City": "Paterson City" +"PostalCode": "07522-3120" +"UnparsedAddress": "106-108 N 8th St, Paterson City, NJ 07522-3120" +"Coordinates": array:2 [ 0 => -74.17825 1 => 40.92881 ] +"Latitude": "40.92881" +"Longitude": "-74.17825" +"YearBuilt": "1954" +"InternetAddressDisplayYN": true +"FeedTypes": "IDX" +"ListOfficeName": "COREY J SCHNEIDER" +"ListAgentMlsId": "306325" +"ListOfficeMlsId": "3400" +"OriginatingSystemName": "gsmls" +"PublicRemarks": "Exceptional High-Yield Multifamily Opportunity Less Than 20 Miles from Times Square. Located in a high-demand commuter corridor in Paterson, NJ, is this robust 6 residential-unit income property. Built for operational efficiency and low vacancy, this two-story building features an ideal, uniform asset mix of six spacious 2-bedroom, 1-bath units.Capital expenditure and risk are heavily mitigated by having three units which have already been recently renovated with modern finishes. Which will command top-of-the market rents and secure premium, long-term tenants. A shared driveway leads to approximately 5 private, off-street parking spaces a massive tenant draw that minimizes turnover in this dense urban market. Additionally, the property is equipped with an advanced 22-camera security system, delivering unparalleled remote operational oversight, liability protection, and enhanced tenant safety. Whether expanding a portfolio or executing a 1031 exchange, this asset delivers immediate cash flow, ease of management, and long-term equity growth in a resilient, transit-oriented market. Turnkey infrastructure with strong fundamentals schedule your acquisition tour today." +"AttributionContact": "973-472-3909" +"Basement": "Full, Storage" +"BuildingAreaUnits": "Sqft" +"Cooling": "Window A/C(s)" +"CreationDate": "2026-03-31T08:22:24.902852+00:00" +"DaysOnMarket": 132 +"Directions": "From W Broadway to Belmont Ave, to N 8th St. 106-108 North 8th Street, Paterson, NJ 07522, Convenient access to local roadways." +"GarageSpaces": "6" +"GrossIncome": "123480" +"Heating": "Baseboard - Electric" +"InternetAutomatedValuationDisplayYN": false +"InternetEntireListingDisplayYN": true +"LeasableArea": "0" +"ListOfficePhone": "973-472-3909" +"ListingContractDate": "2026-03-24" +"LivingAreaUnits": "Sqft" +"LotSizeDimensions": "50 X 100" +"LotSizeUnits": "Acres" +"MajorChangeTimestamp": "2026-06-30T12:04:21Z" +"MlsStatus": "Active" +"NetOperatingIncome": "78290" +"NumberOfUnitsTotal": "6" +"OperatingExpense": "37151" +"OriginalEntryTimestamp": "2026-03-24 15:05:50.0" +"Ownership": "Fee Simple" +"ParcelNumber": "2508-00415-0000-00019-0000-" +"ParkingTotal": "6" +"PhotosChangeTimestamp": "2026-08-03T21:27:43Z" +"PhotosCount": "17" +"Possession": "See Remarks" +"Roof": "Asphalt Shingle, See Remarks" +"Sewer": "Public Sewer" +"StateOrProvince": "NJ" +"StoriesTotal": "3" +"StreetName": "N 8Th St" +"StreetNumber": "106-108" +"TaxAnnualAmount": "22636" +"TaxAssessedValue": "836400" +"TaxBlock": "415" +"TaxLot": "19" +"TaxYear": "2025" +"Utilities": "Electric, Gas-Natural" +"WaterSource": "Public Water" +"Zoning": "Multi-family" +"Township": "Paterson City" +"class_name": "COM" +"LotSizeAcres": "0.17" +"CountyOrParish": "Passaic" +"GSMLS_ZoningComp": "Yes" +"Media": array:17 [ 0 => array:11 [ "Order" => 0 "MediaKey" => "54194210" "MediaURL" => "https://cdn.realtyfeed.com/cdn/118/5419421/8a3e593140160b853814ede488844bbc.webp" "ClassName" => "Apartment Complex" "MediaSize" => 379953 "MediaType" => "webp" "Thumbnail" => 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106-108 N 8Th St , Paterson City, New Jersey 07522-3120
- $1,090,000
106-108 N 8Th St , Paterson City, New Jersey 07522-3120
- $1,090,000
Description
Exceptional High-Yield Multifamily Opportunity Less Than 20 Miles from Times Square. Located in a high-demand commuter corridor in Paterson, NJ, is this robust 6 residential-unit income property. Built for operational efficiency and low vacancy, this two-story building features an ideal, uniform asset mix of six spacious 2-bedroom, 1-bath units.Capital expenditure and risk are heavily mitigated by having three units which have already been recently renovated with modern finishes. Which will command top-of-the market rents and secure premium, long-term tenants. A shared driveway leads to approximately 5 private, off-street parking spaces a massive tenant draw that minimizes turnover in this dense urban market. Additionally, the property is equipped with an advanced 22-camera security system, delivering unparalleled remote operational oversight, liability protection, and enhanced tenant safety. Whether expanding a portfolio or executing a 1031 exchange, this asset delivers immediate cash flow, ease of management, and long-term equity growth in a resilient, transit-oriented market. Turnkey infrastructure with strong fundamentals schedule your acquisition tour today.
Address
Open on Google Maps-
City: Paterson City
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State/county: NJ
Details
Updated on August 4, 2026 at 2:20 am-
Property ID HZ4016392
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Price $1,090,000
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Property Size 4008
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Property Status Active
Features
Mortgage Calculator
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