309 Park Ave | Paterson, NJ 07504
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- LoopNet Team
309 Park Ave
Paterson, NJ 07504
Residential Property For Sale · 17 Units
Investment Highlights
- 36% Upside In Rents
- 6.06% Cap Rate
- 8.66% Cash-on-Cash Return
- 17 Units
- $121,159 NOI
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.11 AC |
| Property Type | Residential | Building Size | 11,770 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | Number of Floors | 3 |
| Building Class | C | Year Built | 1920 |
| No. Units | 17 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 11,770 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 1920 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| Studios | 1 | £850.00 | - |
| 1+1 | 10 | £1,140 | - |
| 2+1 | 2 | £1,300 | - |
| 3+1 | 1 | £1,450 | - |
PROPERTY TAXES
| Parcel Number | 08-03819-0000-00011 | Improvements Assessment | £779,873 |
| Land Assessment | £50,080 | Total Assessment | £829,953 |
PROPERTY TAXES
Parcel Number
08-03819-0000-00011
Land Assessment
£50,080
Improvements Assessment
£779,873
Total Assessment
£829,953
zoning
| Zoning Code | R-3 |
| R-3 |
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