1. New Jersey
  2. Paterson City
  3. 48 N York St
$979,999

48 N York St, Paterson City, NJ 07524

  • 17 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Welcome to your dream home in the Riverside Section of Paterson! This massive and stylishly renovated 4-family is a dream come true for homeowners or investors. Spanning over 4,900+ square feet of modern living space, this legal 4-family home has been fully renovated from top to bottom with contemporary finishes, brand-new appliances, and all new utilities making it 100% move-in ready and low maintenance for years to come. Each unit offers spacious layouts with sleek kitchens, designer bathrooms, and updated flooring throughout, perfect for tenants seeking both comfort and style. With a projected cap rate of approximately 9.65%, this property presents a rare opportunity for high rental income in one of Paterson's most sought-after neighborhoods. Other key features include a new roof, new siding, and a private parking lot that fits 3 to 4 cars a major bonus in the area. Whether you're an investor looking to expand your portfolio or a homeowner ready to live in one unit and rent the others, this property delivers on every level. Don't miss out on this exceptional Riverside gem!

Listing Status:
Active
Date Added:
July 26, 2025 at 12:00AM
Listing Office:
KELLER WILLIAMS PROSPERITY REALTY : 973-696-0077
MLS ID:
3976913
  • General: Fire ExtinguisherSmoke Detector
  • Basement: FinishedFull
  • A/C: None
  • Heating: 4+ UnitsBaseboard - ElectricBaseboard - HotwaterGas-Natural

This listing courtesy of KELLER WILLIAMS PROSPERITY REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

School 10

48 Mercer St, Paterson, NJ, 07524

Grades KG-8

0.19 miles away

S

School 10

48 Mercer St, Paterson, NJ, 07524

Grades KG-8

0.19 miles away

R

Rosa L. Parks School of Fine and Performing Arts

413 12th Ave, Paterson, NJ, 07514

Grades 9-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.