69 N 3Rd St, Paterson City, NJ 07522

• 7 beds |
• 3 baths

Property Description

Excellent 3-family investment opportunity in Paterson! Whether you're a seasoned investor looking to expand your portfolio or a first-time home buyer ready to become a landlord, this property offers a compelling combination of space and income potential. Featuring a total of 7 bedrooms and 3 full bathrooms across three separate units, the property currently generates over $5,800 in monthly rental income over $70,000 annually in gross rents. With separate utilities, the property is designed for more efficient management and reduced owner-paid expenses. Investors can take advantage of strong existing rental income, while owner-occupants may have the opportunity to live in one unit and use rental income from the others to help offset their monthly mortgage payment. This is a great opportunity to own a true income-producing multi-family property and start building long-term wealth through real estate. Don't miss your chance to add this 3-family property to your portfolio or make your first move into real estate investing!

Listing Status:

Active

Data Last Updated:

July 29, 2026 at 6:40AM

Listing Office:

REAL : 855-450-0442

MLS ID:

4040538

Interior

• General: Carbon Monoxide DetectorSee RemarksSmoke DetectorVinyl-Linoleum Floors
• Basement: PartialUnfinished
• A/C: None
• Heating: 2 UnitsBaseboard - ElectricBaseboard - HotwaterRadiators - Hot WaterGas-Natural

Exterior

• General: Composition ShingleOpen Porch(es)
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Passaic

Lot

• Driveway: NoneOn-Street Parking
• Zoning: 2508-00411-0000-00003-0000-

Utilities

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

Financial

• Exclusions: Tenants personal belongings