0 Haledon AvePaterson, NJ 07522

For Sale
$1,489,999

Prime renovated multifamily building. High rental income potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property in Paterson, New Jersey, presents a compelling investment opportunity. Located at 233 E Haledon Ave, this building sits on a 3,920 sq ft lot (APN: 2508005010000000020000) and is zoned R-2. The property features two renovated residential units: a two-bedroom apartment with a spacious living area, eat-in kitchen, and updated bathroom; and a four-bedroom unit boasting a master suite, two bathrooms, a modern eat-in kitchen, and ample storage. A bonus space on the third floor offers significant expansion potential. Separate utilities for each unit simplify management. The commercial space is available for lease, promising consistent rental income. This property enjoys a prime location, just one block from Haledon borough and a short distance from Prospect Park, providing convenient access to amenities, transportation, and major highways. The asking price is $1,489,999. This is an ideal investment for those seeking a blend of residential and commercial income streams in a thriving New Jersey community. The property's strong rental potential and versatile layout make it an attractive option for both seasoned investors and owner-occupants.

Highlights

  • $1,489,999 asking price.
  • Mixed-use, multifamily apartment building.
  • R-2 zoning.
  • 3,920 sq ft lot.
  • Located at 233 E Haledon Ave, Paterson, NJ 07522.

Location Insight

City
Paterson
County
Passaic
State
New Jersey
Latitude
40.9266692
Longitude
-74.1679801
Haledon Ave, Paterson, New Jersey

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0 Haledon Ave
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