165 Godwin Ave, Paterson City, NJ

$999,500

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12

Beds

8

Baths

4,560

Square feet

0.17

Acres

About 165 Godwin Ave

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio.Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow.Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

Features of 165 Godwin Ave

MLS® # 4043571
Price $999,500
Bedrooms 12
Bathrooms 8.00
Full Baths 4
Half Baths 4
Square Footage 4,560
Acres 0.17
Year Built 1970
Type Multi-Family
Style 2-Two Story
Status Active

Community Information

Address 165 Godwin Ave
City Paterson City
County Passaic
State NJ
Zip Code 07501-1602

Amenities

Utilities Gas-Natural
Parking Spaces 6
Parking Blacktop, Driveway-Exclusive
Has Pool No

Interior

Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Full, Unfinished

Exterior

Exterior Vinyl Siding
Roof Asphalt Shingle

Additional Information

Date Listed July 22nd, 2026

Listing Map

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