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163 Temple

Paterson City, NJ 07522-1164

4 beds
3.5 baths
– sqft
1925 build
– on site

This property offers a lucrative investment opportunity, featuring a combination of commercial and residential units in Paterson. The property boasts a rented store on the ground floor, providing immediate rental income, along with two spacious apartments. Ground Floor Store: Currently leased, this commercial space provides a stable rental stream. First Floor Apartment: This inviting apartment comprises three bedrooms and one bath, offering comfortable living spaces for residents. Second Floor Apartment: The upper-level apartment presents an expansive layout with four bedrooms and two baths. Newly Installed Roof and Siding.Income Potential: With a rented commercial unit and two residential apartments, this property offers multiple revenue streams, making it an attractive investment opportunity with promising returns. Whether you're seeking a lucrative investment or looking to establish a home with rental income, this mixed-use property presents a compelling opportunity in the thriving community of Paterson. Schedule a viewing and explore the potential of this exceptional property.

Listing courtesy of GSMLS / JULIANA GIBBS / RE/MAX SELECT

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# 3896957 —

The Building

Construction Date/Year Built:

Renovated
Construction Date/Year Built:

1925
Renovated Year:

2024
Unit Style:

2-Two Story
Roof Description:

Asphalt Shingle
Exterior Description:

Vinyl Siding
Basement:

Yes
Total # of Units:

3

Interior

Total # of Rooms:

12
Interior Features:

Fire Alarm Sys, Smoke Detector
Basement Description:

Unfinished

Location

Directions:

North 7th to temple
Latitude:

40.92727
Longitude:

-74.17796

The Property

Lot Identifier:

5
Approx Lot Size:

26 Sqft
Lot Description:

Corner
Zoning:

R-3
Easements:

Unknown
Assessment Land:

35800

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Amount:

$10,286

Beds

# of Bedrooms:

4
Unit 1 Bedrooms:

3
Unit 3 Bedrooms:

4

Baths

Total # of Baths:

3.10
Total # of Full Baths:

3
Total # of Half Baths:

1
Unit 1 Baths:

1.0
Unit 2 Baths:

1.0
Unit 3 Baths:

2.0

Heating & Cooling

Cooling:

3 Units, Window A/C(s)
Heating:

3 Units, Baseboard - Hotwater

Utilities

Utilities:

All Underground, Electric, Gas-Natural
Water:

Public Water
Fuel Type:

Gas-Natural
Sewer:

Public Sewer

The Community

Assessment Total:

209800

Parking

Parking/Driveway Description:

None

Extra Units

Unit 2 SqFt:

1000
Unit 1 Levels:

1
Unit 2 Levels:

1
Unit 3 Levels:

2
Unit 1 Rooms:

5
Unit 2 Rooms:

1
Unit 3 Rooms:

6
Unit 1 Handicap Modified:

No
Unit 2 Handicap Modified:

No
Unit 3 Handicap Modified:

No
Unit 1 Room Description:

Bedrooms, Eat-In Kitchen, Living/Dining Room
Unit 2 Room Description:

See Remarks
Unit 3 Room Description:

Bedrooms, Eat-In Kitchen, Living/Dining Room
Unit 1 Appliances/Equipment:

Carbon Monoxide Detector, Fire Alarm System, Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 2 Appliances/Equipment:

Carbon Monoxide Detector, Fire Alarm System
Unit 3 Appliances/Equipment:

Carbon Monoxide Detector, Fire Alarm System, Range/Oven - Gas, Refrigerator

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/19/24 Apr 19, 2024	Listed / Active	GSMLS	$595,000
7/14/17 Jul 14, 2017	Listed / Active	GSMLS

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This multifamily located in Northside, Paterson, NJ 07522-1164 is currently for sale for $595,000. 163 Temple is a – square foot multifamily with 4 beds and 3.5 baths that has been on Estately for 12 days. 163 Temple is in the Northside neighborhood of Paterson and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Dr F Napier Jr School Of Tech, School 14, Public School Number 28, Number 12 Elementary School, Paterson Public School No. 5, Harp Health And Related Prof Academy, Norman S Weir, Public School Number 19, Public School Number 2, and The Paterson Leadership Academy For Young Men.

Listing courtesy of GSMLS / JULIANA GIBBS / RE/MAX SELECT

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