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$1,295,000
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Property Description
Welcome to Beech Street in Paterson: Spectacular Investment Opportunity - this fully occupied 7-unit building offers strong financials with solid income and low expenses. Features include some off-street parking, separate utilities and incredible upside as a value-add property with endless potential. Ideally located with immediate highway access and just minutes from the hospital, restaurants, retail, public transportation and more. A true gem for any investor!
Full Property Details
Full Property Details for 196 Beech St
General
- Price: $1,295,000
- Taxes: $18,168 (2024)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 3994308
- Updated: 10/23/2025
- Added to Site: 85 day(s) ago
Business
- Includes: Building Only
Rooms
Bathrooms
- Total Bathrooms: 7
- Restrooms: 7
Additional Information
- Equipment: See Remarks
Parking
- Garage Spaces: 2
- Parking: 1 Car Width, See Remarks
Location
- County: Passaic
- Driving Directions: *
- Location Details: Corner, Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: See Remarks
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Stories in Building: 3
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 1
- 3 Bedroom Units: 5
- Units w/Full Bath: 7
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 2500
- Zoning: Residential
- Lot Description: Corner
Financial Considerations
- Operating Expenses: $26,866
- Assessment Amount: $356,600
- Land Assmt: $51,300
- Tax Amount: $18,168
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 2508-06007-0000-00019-0000-
- Block: 6007
- Lot Number: 19
Listed by Century 21 Preferred Realty, Inc
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Schools
Schools serving 196 Beech St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 196 Beech St
Date
Details
Price
Change
Source
10/23/2025
Listed
$1,295,000
17.73%
MLS
1/10/2025
Sold
$1,100,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 196 Beech St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,169
4%
$356,600
—
2023
$17,484
6%
$356,600
—
2022
$16,553
4%
$356,600
—
2021
$15,961
8%
$356,600
—
2019
$14,742
19%
$356,600
25%
2018
$12,342
8%
$285,300
4%
2017
$11,457
-4%
$275,400
—
2016
$11,950
6%
$275,400
—
2015
$11,313
1%
$275,400
-33%
2013
$11,250
—
$410,000
—
Disclaimer: Historical tax 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 196 Beech St
196 Beech St, Paterson, NJ 07501 (MLS# 3994308) is a Apartment property. 196 Beech St is currently listed for $1,295,000 and was received on October 23, 2025. Want to learn more about 196 Beech St? Do you have questions about finding other Apartment real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

