ADDRESS
62 E Park Place
Morristown, NJ 07960
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$900,000
157 Days On Site
171 Temple StPaterson City, NJ 07522
For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,080
SqFt
$221
/SqFt
1975
Built
County:
Passaic
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973-349-0459
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Investor's Dream! This 6-unit multifamily building in the heart of Paterson offers a fantastic income-producing opportunity. Each unit features 1 bedroom and 1 bathroom, with all six units currently rented at $1,500 per month, generating strong cash flow. With steady rental income and high demand in the area, this property is perfect for both seasoned and new investors. Conveniently located near major highways, public transportation, shopping, and dining, making it an attractive option for tenants. Don't miss this chance to add a solid investment to your portfolio!
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Listing Snapshot
Price
$900,000
Days On Site
157 Days
Bedrooms
N/A
Inside Area (SqFt)
4,080 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.07 Acres
Year Built
1975
MLS® Number
3951812
Status
Active
Property Tax
$16,472
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Status changed to Active | |
| 2 months ago | Price changed to $900,000 | |
| 5 months ago | Listing first seen on site |
General Features
Acres
0.07
Number Of Stories
3
Parking
Off Street
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
4080
Utilities
Natural Gas Available
Water Source
Public
Zoning
COM-RES R-3
Interior Features
Basement
Unfinished
Cooling
Central AirWindow Unit(s)
Heating
BaseboardElectricForced AirNatural Gas
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Exterior Features
Construction Details
BrickVinyl SidingWood Siding
Roof
Rubber
Listing courtesy of PRESTIGE PROPERTY GROUP MONTCLAIR
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being 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. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being 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. Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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