This is a fantastic opportunity for both first-time homebuyers and savvy investors! This legal 4-family property is a cash cow, offering consistent rental income with great potential for long-term growth. Whether you're looking to live in one unit and rent out the others or build your investment portfolio, this property is the perfect choice. Don't miss out on this rare opportunity it's a smart investment that won't last long!
Active
$899,900
123 Belmont Ave, Paterson City, NJ 07522
9beds
--sqft
Est.:
Multi Family
Built in 1888
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 32 days
- on Zillow |
- 479 |
- 19 |
Zillow last checked: 21 hours ago
Listing updated: April 10, 2025 at 04:59am
Listed by:
Randy Mercado 862-684-5634,
Christie's Int. Real Estate Group
Source: GSMLS,MLS#: 3952872

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Heating
- 4+ Units, Baseboard - Hotwater, Electric
Cooling
- 4+ Units
Appliances
- Included: See Remarks
Features
- Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 7
- Parking features: Asphalt, Driveway-Exclusive
- Uncovered spaces: 7
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 50 x 115
Details
- Parcel number: 2508007060000000080000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1888
- Major remodel year: 2020
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $204,100
- Annual tax amount: $10,398
- Date on market: 3/25/2025
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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