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$714,000 Just Listed
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Property Description
Fantastic opportunity at 87 Rosa Park, Patterson! This well-maintained 3-family home offers immediate rental income of $5,325/month, with the potential for one unit to be delivered vacant perfect for an owner-occupant who wants rental income to help cover expenses. Several units have been recently renovated, blending modern updates with classic charm. The property is in very good condition and provides a versatile living and income solution.Asking Price: $714,000Financing: Owner financing available for up to 80% of the purchase price.Whether you're looking for a smart investment or a home with rental income potential, this property offers flexibility, strong cash flow, and long-term value in a desirable location.
Full Property Details
Full Property Details for 87 Graham Ave
General
- Price: $714,000
- Taxes: $6,114 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4010333
- Updated: 2/18/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 11
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: On-Street Parking
Location
- County: Passaic
- Driving Directions: off lafayte
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen
- Square Feet: 500
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $999
- Assessment Amount: $101,000
- Land Assmt: $19,000
- Tax Amount: $6,114
- Tax Year: 2024
Disclosures and Reports
- Block: 3019
- Lot Number: 13
Listed by Erealty Advisors, Inc.
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Price & Sales History for 87 Graham Ave
Date
Details
Price
Change
Source
2/18/2026
Listed
$714,000
38.64%
MLS
6/13/2022
Sold
$515,000
—
Public Record
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 87 Graham Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,114
10%
$120,000
—
2022
$5,570
79%
$120,000
—
2022
$3,118
-45%
$120,000
—
2021
$5,703
—
$120,000
-21%
2021
$5,703
4%
$151,800
20%
2018
$5,464
-14%
$126,300
-17%
2017
$6,332
4%
$152,200
3%
2019
$6,094
-21%
$147,400
-17%
2016
$7,702
6%
$177,500
—
2015
$7,292
-28%
$177,500
-52%
2013
$10,164
—
$370,400
—
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 87 Graham Ave
87 Graham Ave, Paterson, NJ 07524 (MLS# 4010333) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 87 Graham Ave is currently listed for $714,000 and was received on February 18, 2026. Want to learn more about 87 Graham Ave? 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.

