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$999,999

  • For Sale
  • Active
  • Commercial Multi-Family
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Excellent investment opportunity with current 8% cap that can easily be brought up to 11%. There is a current property management company in place if you wish to continue with them. The property consists of 2 buildings: one with 2 two bedroom units, totally renovated 6 years with central air. The second building consists of 3 three bedroom units. 2 units renovated 6 years ago and the first floor 3 bedroom unit was totally renovated last year with central air added. There is a coin laundry for the residents and an extra parking lot for additional income. All have long term tenants.

Full Property Details for 84-88 Jefferson St

General

  • Price: $999,999
  • Taxes: $20,416
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: NJMLS
  • MLS ID: 26000962
  • Updated: 1/8/2026
  • Added to Site: 9 day(s) ago

Location

  • Area: Paterson
  • County: PASSAIC

Structural Information

  • Architectural Style: 5+Family
  • Description/Design: Other
  • Roof: Asphalt
  • Year Built: 1900-1939

Financial Considerations

  • Tax Amount: $20,416
  • Owner Pays: Water, Taxes

Listed by Keller Williams City Views Realty (201) 592-8900, Joseph Oneal (201) 388-1594 and Keller Williams City Views Realty (201) 592-8900, Michael Hern (862) 377-5771

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Listing agents

— 84-88 Jefferson St —

  • Joseph Oneal

    Keller Williams City Views Realty

    201-388-1594

  • Michael Hern

    Keller Williams City Views Realty

    862-377-5771

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 84-88 Jefferson 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 84-88 Jefferson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/08/2026
Listed
$999,999
217.46%
MLS
1/29/2019
Sold
$315,000
—
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 84-88 Jefferson St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$20,416
10%
$400,700
—
2022
$18,600
—
$400,700
—
2022
$18,555
3%
$400,700
—
2021
$17,935
13%
$400,700
4%
2019
$15,941
6%
$385,600
11%
2018
$15,003
10%
$346,800
6%
2017
$13,666
-4%
$328,500
—
2016
$14,280
6%
$329,100
—
2015
$13,519
132%
$329,100
64%
2014
$5,827
—
$201,200
—
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 84-88 Jefferson 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 Keller Williams City Views Realty (201) 592-8900, Joseph Oneal (201) 388-1594 and Keller Williams City Views Realty (201) 592-8900, Michael Hern (862) 377-5771

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84-88 Jefferson Street, Paterson, NJ 07522 (MLS# 26000962) is a Commercial Multi-Family property. 84-88 Jefferson Street is currently listed for $999,999 and was received on January 08, 2026. Want to learn more about 84-88 Jefferson 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.

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