$949,000

123 Belmont Ave, Paterson City, NJ 07522

9 beds |
5 baths

Multi-Family Home
Built in 1888
5,663sqft lot
—— car garage
$——/sqft
Listed 4 days ago

Property Description

Excellent Investment Opportunity! Renovated 4-family property sitting on a rare double lot, offering tremendous potential and strong income-producing value. This well-maintained building features updated units, on-site parking, and plenty of outdoor space with room for future possibilities. Ideal for investors looking to expand their portfolio or a first-time home buyer seeking to live in one unit while generating rental income from the others. A solid, turnkey property with upside potential?don?t miss this opportunity!

Listing Status:: Active
Listing Office:: CHRISTIE'S INT. REAL ESTATE GROUP : 201-904-2085
MLS ID:: 4002196

Basement: Finished
A/C: 4+ Units
Heating: 4+ UnitsBaseboard - HotwaterElectric

General: Vinyl Siding
Parking: Parking spaces: 7

Roofing: Asphalt Shingle

County: Passaic

Driveway: BlacktopDriveway-Exclusive
Zoning: 2508-00706-0000-00008-0000-

Utilities: ElectricGas-Natural
Water: Public Water
Sewer: Public Sewer

This listing courtesy of CHRISTIE'S INT. REAL ESTATE GROUP

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rev. Dr. Frank Napier Jr. School

55 Clinton St, Paterson, NJ, 07522

Grades 1-8

0.45 miles away

Rev. Dr. Frank Napier Jr. School

55 Clinton St, Paterson, NJ, 07522

Grades 1-8

0.45 miles away

School of Health Science

57 Colt St, Paterson, NJ, 07505

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.