84-88 Jefferson St, Paterson City, NJ

$999,999

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15

Beds

6

Baths

0.11

Acres

About 84-88 Jefferson St

xcellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All long term tenants.

Features of 84-88 Jefferson St

MLS® # 4030472
Price $999,999
Bedrooms 15
Bathrooms 6.00
Full Baths 6
Acres 0.11
Year Built 1920
Type Multi-Family
Style See Remarks
Status Active

Community Information

Address 84-88 Jefferson St
City Paterson City
County Passaic
State NJ
Zip Code 07522-1750

Amenities

Utilities Gas-Natural
Parking Spaces 8
Parking Blacktop, Parking Lot-Exclusive
Has Pool No

Interior

Interior Features Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Wood Floors
Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Bilco-Style Door

Exterior

Exterior Stone, Vinyl Siding
Exterior Features Metal Fence, Sidewalk
Roof Asphalt Shingle

Additional Information

Date Listed May 27th, 2026

Listing Map

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