165 Godwin Ave, Paterson City, NJ 07501

• 12 beds |
• 4 baths

Property Description

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

Listing Status:

Active

Data Last Updated:

August 9, 2026 at 6:40AM

Listing Office:

COLDWELL BANKER REALTY : 201-445-9400

MLS ID:

4043571

Interior

• Basement: FullUnfinished
• A/C: Window A/C(s)
• Heating: Baseboard - HotwaterGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 6

Construction

• Roofing: Asphalt Shingle

Location

• County: Passaic

Lot

• Driveway: BlacktopDriveway-Exclusive
• Zoning: 2508-03506-0000-00039-0000-

Utilities

• Utilities: Gas-Natural
• Water: Public Water
• Sewer: Public Sewer

Financial

• Exclusions: Personal Items