NJ
Passaic
Paterson City
07522
106-108 N 8Th St
106-108 N 8Th St, Paterson City, NJ 07522
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
17
$1,250,000

Home Details for 106-108 N 8Th St

Price
$1,250,000
Type
Commercial Sale
Year built
1954
Lot size acres
0.17
County
Passaic
Basement
Full
Days on site
118
MLS Listing#
4016392
Property Description

Exceptional High-Yield Multifamily Opportunity Less Than 20 Miles from Times Square. Located in a high-demand commuter corridor in Paterson, NJ, is this robust 6 residential-unit income property. Built for operational efficiency and low vacancy, this two-story building features an ideal, uniform asset mix of six spacious 2-bedroom, 1-bath units.Capital expenditure and risk are heavily mitigated by having three units which have already been recently renovated with modern finishes. Which will command top-of-the market rents and secure premium, long-term tenants. A shared driveway leads to approximately 5 private, off-street parking spaces a massive tenant draw that minimizes turnover in this dense urban market. Additionally, the property is equipped with an advanced 22-camera security system, delivering unparalleled remote operational oversight, liability protection, and enhanced tenant safety. Whether expanding a portfolio or executing a 1031 exchange, this asset delivers immediate cash flow, ease of management, and long-term equity growth in a resilient, transit-oriented market. Turnkey infrastructure with strong fundamentals schedule your acquisition tour today.

Property Features
  • Heating Information
    • Baseboard
    • Natural Gas
  • Parking
    • Off Street
    • On Street
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Full
Listing Courtesy: COREY J SCHNEIDER - 973-472-3909
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT SOLGAR REALTY
200 Diamond Bridge Ave, Hawthorne, NJ 07506
Office
973 282 8642
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