ADDRESS
62 E Park Place
Morristown, NJ 07960
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$800,000
207 Days On Site
Paterson City, NJ 07524
For Sale|Multi Family|Active
0
Beds
0
Total Baths
9,999
SqFt
$80
/SqFt
County:
Passaic
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973-349-0459
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Investors' dream! This building, of 5 apartments, is fully occupied and located in the heart of Paterson, close to everything. Rents are under market value due to long-term tenants with no leases, and they are willing to negotiate with a new Landlord. The seller needs to stay for a couple of months after the closing, paying a reasonable rent, until he buys or rents a new place. The U&O agreement has to be negotiated before signing a Contract. DCA (Green card) actualized, no inspection due yet. To be sold strictly AS IS condition, with no known issues, the seller will not do any repairs, and if an inspection is requested, it will be ONLY for informational purposes. The huge double garage on the Butler St side belongs to the property. (Also listed as MUL in the ML #3964368)
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Listing Snapshot
Price
$800,000
Days On Site
207 Days
Bedrooms
N/A
Inside Area (SqFt)
9,999 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
N/A
MLS® Number
3957165
Status
Active
Property Tax
$14,775
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 weeks ago | Price changed to $800,000 | |
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 6 months ago | Status changed to Active | |
| 7 months ago | Listing first seen on site |
General Features
Acres
0.12
Garage
Yes
Garage Spaces
5
Number Of Stories
3
Parking Spaces
5
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
9999
Utilities
Cable AvailableNatural Gas Available
Water Source
Public
Zoning
residential
Interior Features
Basement
FinishedFull
Flooring
CarpetLaminateWood
Heating
ElectricNatural Gas
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Exterior Features
Construction Details
Vinyl SidingWood Siding
Lot Features
Corner Lot
Roof
Asphalt
Listing courtesy of PROMISE LAND REALTY
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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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