$1,435,000

62-64 Lafayette Street 7, Paterson, NJ 07501

Commercial Property
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 9% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!

Listing Status:: Active
Date Added:: March 27, 2026
Data Last Updated:: May 10, 2026 at 2:00PM
Listing Office:: EXP Realty, LLC : 866-201-6210
Listing Agent:: Mordy Abelesz : (347) 243-7060
MLS ID:: 26009747

Heating: Central AirGas

County: PASSAIC

Utilities: Sep GasSeperate Heat

Ownership: Private

This listing courtesy of Mordy Abelesz , EXP Realty, LLC

Monthly Payment

$Est. Payment

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

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