50 Cianci St

Paterson City, NJ
$ 690,000 Beds 0 Baths 0 Sq 5,922
Monthly Estimate* How much can I afford?

Mixed-use opportunity (4 apartments and 1 retail) in the heart of downtown Paterson. 8 bedrooms and 4 full baths total. Great for both an owner-occupant with a business on the ground floor or an investor looking for value add. Under market value rents grossing $48,882. Separate utilities yielding a 7% cap rate. 2 water heaters replaced in 2018, 1 replaced this year. 5-year-old furnaces. The roof replaced 5 years ago. All tenants are in good standing with month-to-month agreements. Please note there's a large clean basement with plenty of storage. Property is being sold as-is LQ LICENSE NOT INCLUDED

Commercial

  • Price
  • $ 690,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,922
  • Full Bathrooms
  • 0
  • Year Built
  • 1939
  • Half Bathrooms
  • 7
  • City, Zip
  • Paterson City
  • Taxes
  • $ 18305
  • County
  • PASSAIC
  • Style
  • MixedUse
  • Area
  • Paterson City
  • MLS#
  • 3682386
  • Zip
  • 07501
Listing Provided by: JMICHAELS REALTY , ORADELL
Data Source: Garden State MLS

Features

General

Basement Bilco-Style Door, Finished, Storage
Construction Wood
Cooling Wall A/C Unit(s)
Drive On-Street Parking
Heating Baseboard - Hotwater
Num Apts 4
Property Type Mixed Use, Restaurant/Bar
Property Type MixedUse
Roof Flat
Sewer Public Sewer
Tax Annual Amount 18305
Total Units 5
Town # 2508
Township Paterson City
Utilities Gas In Street
Zoning MIXED

Interior Features

Fuel Type Gas-Natural
Num 2 Bdrm Units 4
Num Units W/full Bath 4

Exterior Features

Building Area Total 6730
Exterior Description Brick/Block
Lot Dimensions 25X100
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bedminster, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

12/9/2020 Listed $690,000

Property vs Zip Code Average in 07501

Price
AVG $580K
$690K
Taxes
AVG $17,583
$18,305
Visits
AVG 156
249
Year Built
AVG 1962
1939
Walkscore
AVG 81
99
Data Provided by Walkscore ® not using MLS data

Map

50 Cianci St Paterson City, NJ is a Single Family Home for sale at $690000 with 5922 sqft and a lot size of 2,614 SqFt Acre(s). 50 Cianci St Paterson City has 0 bedrooms, 0 baths and was built in 1939. The property's zip code is 07501 which is in Paterson City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.