25 Belmont Ave, Paterson City NJ 07522

$1,050,000
Active
Paterson City
Bedrooms
12

About this home

Exceptional opportunity to acquire a renovated, 4-unit multifamily property with strong income. All of the apartments offer 3 bedrooms, 1 bath and are currently rented at market rates. The property features a gated driveway with parking for 4+ vehicles plus a detached three-car garage, an exceptional amenity for a rental property. Separate utilities help streamline operating expenses, while the large basement offers ample storage and flexible utility space. Newly installed security cameras with remote access and a new fire alarm system provide added convenience and peace of mind. A rare opportunity to own a well-maintained income-producing property with renovated units, strong rents, parking and low-maintenance.

Taxes & fees

Annual property tax
$15,989
Tax year
2025
Tax rate
5.335

Property details

Year Built
1920
Roof (*text)
See Remarks
Lot Size Area
0.09
MLS #
4047344

Features & amenities

Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
See Remarks
Days on market
9
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Garage spaces
3
Heating
4+ Units, Baseboard - Hotwater
Lot dimensions
40X103
Property Location

40.92489, -74.17986

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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