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$1,435,000

  • For Sale
  • Active
  • Office
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Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 9% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!

Full Property Details for 62-64 Lafayette St

General

  • Price: $1,435,000
  • Taxes: $16,047
  • Status: Active
  • Type: Office
  • Source: NJMLS
  • MLS ID: 26009747
  • Updated: 7/14/2026
  • Added to Site: 116 day(s) ago

Location

  • Area: Paterson
  • County: PASSAIC

Heating & Cooling

  • Heating Type: Central Air, Gas

Utilities

  • Utility Description: Sep Gas, Seperate Heat

Structural Information

  • Architectural Style: Office
  • Description/Design: Other

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Tax Amount: $16,047

Disclosures and Reports

  • Ownership: Private
  • Flood Zone: None

Listed by EXP Realty, LLC (866) 201-6210, Mordy Abelesz (347) 243-7060

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Listing agent

— 62-64 Lafayette St —

  • Mordy Abelesz

    EXP Realty, LLC

    (347) 243-7060

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 62-64 Lafayette 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 62-64 Lafayette St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/28/2026
Price Reduced
$1,435,000
-4.33%
MLS
3/27/2026
Listed
$1,500,000
215.79%
MLS
1/11/2022
Sold
$475,000
—
Public Record
Get Price Alerts and Save Property
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 for 62-64 Lafayette St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,048
—
$1,018,300
239%
2025
$16,048
15%
$300,800
—
2022
$13,963
11%
$300,800
—
2020
$12,558
21%
$300,800
25%
2018
$10,408
-16%
$240,600
-20%
2019
$12,435
29%
$300,800
30%
2017
$9,660
-4%
$232,200
—
2016
$10,075
6%
$232,200
—
2015
$9,539
-35%
$232,200
-56%
2013
$14,601
—
$532,100
—
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 for 62-64 Lafayette St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by EXP Realty, LLC (866) 201-6210, Mordy Abelesz (347) 243-7060

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62-64 Lafayette Street, Paterson, NJ 07501 (MLS# 26009747) is a Office property. 62-64 Lafayette Street is currently listed for $1,435,000 and was received on March 27, 2026. Want to learn more about 62-64 Lafayette Street? 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.

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