348 E 23rd St Paterson, NJ 07514

Business

• Includes: Building & Land

Rental Information

• Lease/Rent Term: Gross
• Lease Terms: 5 Or More Years

Interior

• Flooring: See Remarks

Rooms

Bathrooms

• Total Bathrooms: 5
• Restrooms: 1

Additional Information

• Equipment: Smoke Detector

Parking

• Garage Spaces: 4
• Total Spaces: 4
• Parking: 1 Car Width

Location

• County: Passaic
• Driving Directions: Madison Ave to 8th Ave corner with East 23rd St
• Location Details: Corner, Residential Area, See Remarks

Heating & Cooling

• Cooling Type: Wall A/C Unit(s)
• Heating Type: 4+ Units, Baseboard - Hotwater
• Heating Fuel: Natural Gas

Utilities

• Sewer: Public Sewer
• Water: Public Water
• Utility Description: Electric, Natural Gas

Structural Information

• Construction: Wood
• Exterior Const.: Aluminum Siding
• Basement: Yes
• Basement Desc.: Bilco-Style Door, French Drain, Full, Storage
• Roof: Flat
• Loading: None
• Stories in Building: 3
• Year Built: 1940

Unit Information

• 2 Bedroom Units: 5
• Units w/Full Bath: 5

Lot Features

• Lot Size (Acres): 0.11
• Lot Size: 47X100
• Permitted Use: Commercial
• Zoning: Mix-Used
• Lot Description: Level Lot

Financial Considerations

• Expenses: Insurance, Taxes, Water/Sewer
• Operating Expenses: $32,400
• Assessment Amount: $846,200
• Land Assmt: $200,500
• Tax Amount: $22,348
• Tax Year: 2025
• Owner Pays: Water
• Tenant Pays: Electric, Gas, Heat, Hot Water
• Pays Utilities: Tenant

Disclosures and Reports

• Ownership: Fee Simple
• Documents Avail.: Income & Expenses, Leases, See Remarks
• Disclosures: Yes
• APN: 2508-02711-0000-00003-0000-
• Block: 2711
• Lot Number: 3