Date
Details
Price
Change
Source
7/09/2026
Listed
$6,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$6,495,000 Just Listed
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1/11
Property Description
7.2% CAP RATE | A true turnkey opportunity! A newly constructed 20-unit residential building, located 2 blocks away from St. Joseph's Children's Hospital! 3 blocks away from access to Route-80! Only 20 minutes away from Manhattan (via GW Bridge). 60-62 Plum St, was built from the ground up, and completed in January 2025, and comes with the added benefits of a very low maintenance, allowing the owner/landlord, to self manage the property, if chosen too. Also the BIG BONUS....a (30) YEAR TAX ABATEMENT, with (29) YEARS REMAINING!!! And with NO RENT CONTROL RESTRICTIONS, this property is perfectly positioned, to keep the expenses low with increasing the rent roll yearly. The perfect pairing for any investor's formula. Contact today, to set up an in-person tour, and/or get a google link to extensive photos & video walkthrough tours of each unit (prior to occupancy).
Full Property Details
Full Property Details for 60-62 Plum St
General
- Price: $6,495,000
- Taxes: $3,700
- Status: Active
- Type: Commercial Multi-Family
- Source: NJMLS
- MLS ID: 26025863
- Updated: 7/9/2026
- Added to Site: 1 day(s) ago
Location
- Area: Paterson
- County: PASSAIC
Structural Information
- Architectural Style: 5+Family
- Roof: Flat, Other (See Remarks)
- Year Built: New Const-New Fdn
Financial Considerations
- Tax Amount: $3,700
- Owner Pays: Common Area, Snow, Water, Taxes
Listed by Keller Williams Team Realty (973) 253-2800, Gershon Adjaye (973) 583-3030
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Listing agent
— 60-62 Plum St —
Gershon Adjaye
Keller Williams Team Realty
(973) 583-3030
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 60-62 Plum St
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 60-62 Plum St
Tax History
Tax History for 60-62 Plum St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,921
15%
$36,000
—
2022
$1,671
35%
$36,000
—
2021
$1,236
-16%
$36,000
1%
2019
$1,468
-4%
$35,500
1%
2018
$1,523
-44%
$35,200
-46%
2017
$2,708
-7%
$65,100
-3%
2016
$2,903
6%
$66,900
—
2015
$2,748
-52%
$66,900
-68%
2013
$5,729
—
$208,800
—
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 60-62 Plum St
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- Multi-Family
- Active
- Updated 2 days ago
- 8Total Beds
Listed by Terrie O'Connor Realtors-Wyckoff
- Townhouse
- Active
- Updated 29 minutes ago
- 3Beds
- 4Total Baths
Listed by Keller Williams Suburban Realty
- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 3Total Baths
Listed by Keller Williams Realty Westfield
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
60-62 Plum Street, Paterson, NJ 07503 (MLS# 26025863) is a Commercial Multi-Family property. 60-62 Plum Street is currently listed for $6,495,000 and was received on July 09, 2026. Want to learn more about 60-62 Plum Street? Do you have questions about finding other Commercial 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.