165 Barclay St
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165 Barclay St
42 Unit Block of Flats £5,686,972 (£135,404/Unit) Paterson, NJ 07503
Investment Highlights
- * Prime residential investment opportunity in Paterson
- * Ideally located near St. Joseph's Hospital and public transportation
- * Each unit includes ample living space and in-building laundry room
- * Delivered vacant for customization by new owners
Executive Summary
$181k PER DOOR, 20 YEAR TAX ABATEMENT, BUILT IN 2016. Welcome to 165 Barclay Street, a prime residential investment in Paterson, NJ! This expansive property features 42 units, zoned for residential use, offering substantial potential for investors. Each unit provides ample living space and includes an in-building laundry room for convenience. Ideally located near St. Joseph's Hospital and public transportation, this property ensures easy access to essential services and commuting options, making it highly attractive to residents. The outdoor space adds a pleasant area for recreation. Will be delivered vacant, the property offers a unique opportunity for new owners to customize according to their vision. Whether you choose to revitalize the existing units or maintain them as they are, this property is brimming with potential. Don't miss your chance to capitalize on this opportunity in the vibrant Paterson real estate market. Contact us today to schedule a viewing and explore the possibilities at 165 Barclay Street!
Property Facts
| Price | £5,686,972 | Building Class | A |
| Price Per Unit | £135,404 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 42,000 SF |
| Sale Conditions | Design & Build | Average Occupancy | 0% |
| No. Units | 42 | Number of Floors | 6 |
| Property Type | Residential | Year Built | 2016 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid Rise |
| Price | £5,686,972 |
| Price Per Unit | £135,404 |
| Sale Type | Investment |
| Sale Conditions | Design & Build |
| No. Units | 42 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | A |
| Lot Size | 0.14 AC |
| Building Size | 42,000 SF |
| Average Occupancy | 0% |
| Number of Floors | 6 |
| Year Built | 2016 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Cable Ready
- Refrigerator
- Oven
- Basement
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Lift
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 14 | - | 601 |
| 1+1 | 28 | - | 601 |
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Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 08-05507-0000-00005 | Improvements Assessment | £553,637 |
| Land Assessment | £231,166 | Total Assessment | £784,802 |
PROPERTY TAXES
Parcel Number
08-05507-0000-00005
Land Assessment
£231,166
Improvements Assessment
£553,637
Total Assessment
£784,802
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Tony Nabhan -
George Marogi -
KW Commercial Fort Lee
(201) 592-8900
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165 Barclay St
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