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Map
$535,000
↓ $40K (7%)
●
Multifamily -
For Sale
72 Arch Street
Paterson, NJ 07522
8 Beds
3 Baths
$3,038
Estimated Monthly
$0
HOA / Fees
24.87%
Cap Rate
About This Property
This property maximizes convenience with proximity to schools,
parks, shopping centers, diverse dining options, and efficient
public transportation. Designed for optimal investment returns,
both units are currently tenant-occupied, ensuring a stable and
immediate rental income. This strategic positioning and the
property's versatile layout present a great opportunity for
investors seeking long-term financial security.
Unit Size
-
Days on Market
172 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$410
HOA Dues
-
Year Built
1900
Listed By
Last updated: 3 months ago (NJMLS #23034628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2024 | Price Decreased |
$535,000
↓ $40K
(7%)
|
|
| Price Decreased | |||
| Dec 9, 2023 | Price Decreased |
$575,000
↓ $24K
(4%)
|
|
| Price Decreased | |||
| Nov 10, 2023 | Listed by Real | $599,000 | |
| Listed by Real | |||
Property Highlights
Parking Details
O/See Remk
Interior Details
Bedroom Information
Bedrooms: 8
Bathroom Information
Bathrooms: 3
Room Information
Total Rooms: 12
Fireplace Information
None
Exterior Details
Property Information
View: None
Building Information
Year Built: 1940's
Financial Details
Tax: $4,925
72 Arch Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
9
Beds
3
Baths
-
$485,000
Jun 30, 2023
$485,000
Jun 30, 2023
$974/mo
Sold
Multifamily
9
Beds
3
Baths
-
$475,000
Oct 9, 2023
$475,000
Oct 9, 2023
$737/mo
Sold
Multifamily
7
Beds
3
Baths
-
$531,000
Sep 19, 2023
$531,000
Sep 19, 2023
$647/mo
Sold
Multifamily
6
Beds
4
Baths
-
$550,000
Dec 8, 2023
$550,000
Dec 8, 2023
$614/mo
Sold
Multifamily
6
Beds
4
Baths
-
$499,000
Sep 29, 2023
$499,000
Sep 29, 2023
$47/mo
Sold
Multifamily
6
Beds
5
Baths
-
$510,000
Jul 19, 2023
$510,000
Jul 19, 2023
$1,183/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Downtown Paterson
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Nearby Rentals
$3,950 /mo
- 3 Beds
- 3 Baths
$2,295 /mo
- 3 Beds
- 1 Bath
Listed by: Giancarlo Benitez
Real
Last Updated: 3 months ago
Data Source: NJMLS , MLS# 23034628
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Real
Last Updated: 3 months ago
Data Source: NJMLS , MLS# 23034628
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
