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$679,000 Just Listed
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Property Description
Excellent 3-family investment opportunity in Paterson! Whether you're a seasoned investor looking to expand your portfolio or a first-time home buyer ready to become a landlord, this property offers a compelling combination of space and income potential. Featuring a total of 7 bedrooms and 3 full bathrooms across three separate units, the property currently generates over $5,800 in monthly rental income over $70,000 annually in gross rents. With separate utilities, the property is designed for more efficient management and reduced owner-paid expenses. Investors can take advantage of strong existing rental income, while owner-occupants may have the opportunity to live in one unit and use rental income from the others to help offset their monthly mortgage payment. This is a great opportunity to own a true income-producing multi-family property and start building long-term wealth through real estate. Don't miss your chance to add this 3-family property to your portfolio or make your first move into real estate investing!
Full Property Details
Full Property Details for 69 N 3rd St
General
- Price: $679,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040538
- Updated: 7/14/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 17
- Interior Features: Carbon Monoxide Detector, See Remarks, Smoke Detector, Vinyl-Linoleum Floors
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Open Porch(es)
Parking
- Garage Description: None, On-Street Parking
Location
- County: Passaic
- Driving Directions: Rt 80 to grand st to main st to temple st right onto N 3rd.
School Information
- Elementary School: NUMBER 28
- Middle School: NUMBER 4
- High School: JFK
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units, Electric Baseboard, Baseboard - Hotwater, Radiators - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Composition Shingle
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Roof: Asphalt Shingles
- Square Feet: 3,200
- Year Built: 1939
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Family Room, Living Room, Master Bedroom, See Remarks
- Square Feet: 1100
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room, See Remarks
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Dimensions: REVOCATION DEED
- Driveway/Sidewalk: None, On-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Expenses: Cold Water, Insurance, See Remarks, Taxes
- Assessment Amount: $455,300
- Land Assmt: $145,400
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenants personal belongings
- Block: 411
- Lot Number: 3
Listed by Real
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Schools
Schools serving 69 N 3rd 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 69 N 3rd St
Date
Details
Price
Change
Source
7/14/2026
Listed
$679,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 69 N 3rd St
69 N 3rd St, Paterson, NJ 07522 (MLS# 4040538) is a Multi-Family property with 3 units containing 7 bedrooms and 3 full bathrooms. 69 N 3rd St is currently listed for $679,000 and was received on July 14, 2026. Want to learn more about 69 N 3rd St? Do you have questions about finding other 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.

