261-263 Fair St
Paterson City, NJ 07501
Price: $599,000
GSMLS: 3981939Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 1920
Acres: 0.07
Property Tax: $9,619
Description
This Spacious 2-unit Property In Paterson City Is A Fantastic Find For Investors Or Those Seeking Extra Living Space. Each Unit Offers Its Own Kitchen, Bedrooms, And Living Areas, Providing Comfort And Privacy.a Full Basement Adds Even More Potential For Storage, Recreation, Or Future Upgrades. Conveniently Located Near Schools, Shopping, Dining, And Public Transportation, This Property Is Well-positioned For Long-term Value.whether You Plan To Live In One Unit And Rent The Other, Or Add It To Your Investment Portfolio, This Is A Must-see Opportunity In Today's Market!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
14
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
30X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Kitchen
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground, Gas In Street
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$9,619
Land Assessment:
$19,400
Build. Assessment:
$169,400
Total Assessment:
$188,800
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
3981939
List Date:
08-18-2025
Days On Market:
5
Listing Broker:
SIGNATURE REALTY NJ
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
