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163 Temple, Paterson, NJ 07522
$595,000
163 Temple, Paterson, NJ 07522View this property at 163 Temple, Paterson, NJ 07522
163 TemplePatersonNJ07522
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Property Description
This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding.Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.
Full Property Details
Full Property Details for 163 Temple
General
- Price: $595,000
- Taxes: $10,286 (2024)
- Status: Active
- Type: Multi-Family
- MLS ID: 3896957
- Updated: 4/18/2024
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Fire Alarm Sys, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Location
- County: Passaic
- Driving Directions: North 7th to temple
Heating & Cooling
- Cooling Type: 3 Units, Window A/C(s)
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Electric, Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1925
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: See Remarks
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Dimensions: 26 x 75
- Driveway/Sidewalk: None
- Zoning: R-3
- Lot Description: Corner
Financial Considerations
- Expenses: Cold Water, Garbage Collection, Insurance, Taxes
- Operating Expenses: $24,006
- Land Assmt: $35,800
- Tax Amount: $10,286
- Tax Year: 2024
Disclosures and Reports
- Block: 301
- Lot Number: 5
Listed by Re/Max Select
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Schools
Schools serving 163 Temple
School District:Paterson Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
55 Clinton St, Paterson, NJ 07522 | 1-8 | 0.3 mi | |
School 14, Paterson, NJ
522 Union Ave, Paterson, NJ 07522 | K-4 | 0.3 mi | |
200 Presidential Blvd, Paterson, NJ 07522 | PK-8 | 0.4 mi | |
482 Market St 506, Paterson, NJ 07501 | 6-8 | 1.5 mi | |
5 Colt St, Paterson, NJ 07505 | 9-12 | 0.7 mi | |
201 Memorial Dr, Paterson, NJ 07505 | 9-12 | 0.9 mi | |
61 Preakness Ave 127, Paterson, NJ 07522 | 9-12 | 1 mi | |
121 N 2nd St, Paterson, NJ 07522 | K-8 | 0.5 mi | |
430 Totowa Ave, Paterson, NJ 07502 | K-6 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 163 Temple
Date
Details
Price
Change
Source
4/18/2024
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 163 Temple
163 Temple, Paterson, NJ 07522 (MLS# 3896957) is a Multi-Family property with 3 units containing 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 163 Temple is currently listed for $595,000 and was received on April 18, 2024. Want to learn more about 163 Temple? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.