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$1,150,000
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Property Description
Fantastic opportunity to own a solid income-producing 5-family property, ideal for investors seeking steady cash flow and long-term appreciation. This well-maintained building offers strong rental income potential with a proven history of occupancy. Conveniently located near transportation, shopping, and local amenities, making it highly attractive to tenants. Whether you?re expanding your portfolio or entering the multifamily market, this property delivers reliability, upside potential, and consistent returns. This property has a 5 family green card from state of NJ. All 5 units are 2 bedroom units - currently all rented on a month to month basis.
Full Property Details
Full Property Details for 363 Van Houten St
General
- Price: $1,150,000
- Taxes: $5,135 (2024)
- Status: Active
- Type: Office
- Source: Garden_State
- MLS ID: 4002084
- Updated: 12/18/2025
- Added to Site: 31 day(s) ago
Business
- Includes: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 5
Additional Information
- Equipment: See Remarks
Parking
- Parking: None
Location
- County: Passaic
- Driving Directions: GPS to 363 Van Houten
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: No Cool
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Ceiling Height: 9
- Stories in Building: 3
- Year Built: 1950
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 2
- 3 Bedroom Units: 2
- Units w/Full Bath: 5
Lot Features
- Lot Size (Acres): 0.07
- Lot Size: 37X77
- Zoning: multi fam
Financial Considerations
- Assessment Amount: $100,800
- Land Assmt: $19,000
- Tax Amount: $5,135
- Tax Year: 2024
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: See Remarks
- APN: 2508-04201-0000-00011-0000-
- Block: 4201
- Lot Number: 11
Listed by CHRISTIE'S INT. REAL ESTATE GROUP
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Schools
Schools serving 363 Van Houten 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 363 Van Houten St
Date
Details
Price
Change
Source
12/18/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 363 Van Houten St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,136
10%
$100,800
—
2022
$4,679
—
$100,800
—
2022
$4,677
4%
$100,800
—
2021
$4,512
13%
$100,800
4%
2019
$4,002
-40%
$96,800
-37%
2018
$6,688
-8%
$154,600
-12%
2017
$7,276
-9%
$174,900
-5%
2016
$8,018
6%
$184,800
—
2015
$7,592
-7%
$184,800
-38%
2013
$8,185
—
$298,300
—
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 363 Van Houten St
363 Van Houten St, Paterson, NJ 07501 (MLS# 4002084) is a Office property. 363 Van Houten St is currently listed for $1,150,000 and was received on December 18, 2025. Want to learn more about 363 Van Houten St? Do you have questions about finding other Office real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

