215 - 217 E 16th St
Paterson City, NJ 07524
Price: $899,999
GSMLS: 4027159Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 11
Baths: 5 Full
Garage: No
Year Built: Unknown
Acres: 0.11
Property Tax: $13,935
Description
Well-maintained multi-family property featuring three residential units plus a fully finished walkout basement with additional living space. All units offer spacious, well-proportioned layouts with separate living and dining rooms, providing strong rental functionality and comfortable living space. Unit 1 features 3 bedrooms, 1 full bath, a spacious living room, dining room, and kitchen. Unit 2 offers 3 bedrooms, 1 full bath, with a spacious living room, dining room, and kitchen layout. Unit 3 includes 3 bedrooms, 1 full bath, living room, dining room, and kitchen, offering a functional layout with generous space. The fully finished walkout basement includes 2 bedrooms, 2 full baths, and also features a living room, dining area, and kitchen. Property features a long driveway with two-car wide parking. Each unit has separate utilities. Tenants will remain in place at closing, allowing for immediate rental income. According to seller representation and DCA records, the property is registered and inspected as a 3-unit dwelling. Buyer is responsible for verifying legal use, zoning, and occupancy with the municipality. Strong income-producing property with stable rental structure and long-term appreciation potential.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
20
Basement:
Yes - Finished, Walkout
Interior:
n/a
Roof:
See Remarks
Exterior:
See Remarks, Vinyl Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width, Driveway-Exclusive, Off-Street Parking
Spaces Available:
1
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
2
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Living/Dining Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, See Remarks
Utilities:
Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, Radiators - Hot Water, See Remarks
Heating Fuel:
Gas-Natural, See Remarks
Cooling:
Wall A/C Unit(s)
Water Heater:
See Remarks
Water:
Public Water, See Remarks
Sewer:
Public Sewer, See Remarks
Utilities:
See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$899,999
Tax Amount:
$13,935
Land Assessment:
$168,000
Build. Assessment:
$557,500
Total Assessment:
$725,500
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4027159
List Date:
05-12-2026
Days On Market:
6
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Debra Cisneros Perez
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
