474 10Th Ave, Paterson City, NJ 07514
- $2,000,000
- List Price
- $2,000,000
- MLS#
- 4037286
- Year Built
- 2022
- Status
- ACTIVE
- County
- Passaic
- City
- Paterson City
- Acres
- 0.11
Property Description
Exceptional opportunity to own this well-built 7-unit apartment building constructed in 2022, offering the benefits of a 30-year tax abatement with 26 years left for lower taxes and stronger cash flow. This fully occupied property features a desirable unit mix of five 2-bedroom apartments and two 1-bedroom apartments, each designed with modern layouts. Each unit includes in-unit laundry, while tenants also enjoy the security and convenience of gated on-site parking. Ideally located with easy access to Route 20, Route 4, and Route 208, the property offers excellent commuter accessibility and proximity to shopping, dining, and everyday amenities. Whether you're a seasoned investor looking to expand your portfolio or a first-time multifamily investor seeking a turnkey asset, this newer construction building provides an attractive combination of low maintenance, strong occupancy, and tax advantages.
/u.realgeeks.media/tonislist/exp_Black.png)
Additional Information
- Taxes
- $2,048
- Cooling
- Central Air
- Exterior
- See Remarks
- Heating
- Forced Hot Air
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public Water
Mortgage Calculator
Listing Courtesy Of NICHOLAS REAL ESTATE AGENCY, Contact: 973-340-1202
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Updated: