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$1,500,000

For Sale

13 hours ago

62 Lafayette St, Paterson, NJ

Condo

MLS® 4017166

0 Bed

8 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $16,047
Days Active 0
Approx. Age 1900
MLS® Number 4017166

Property Address: 62 Lafayette St, Paterson, NJ, 07501-1139

Average square foot calculated using Size range provided by listing agent.

Description

Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 8% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!
MLS® Number4017166
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building Only

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
62 Lafayette St, Paterson, NJ

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