61 N 5th St
Paterson City, NJ 07522
Price: $825,000
GSMLS: 4055565Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 6
Baths: 5 Full
Garage: No
Year Built: 2022
Acres: 0.08
Property Tax: $3,889
Description
WELCOME TO THIS TWO FAMILY HOME OFFERING AN OPEN CONCEPT LAYOUT, SPACIOUS LIVING, AND EXCELLENT FLEXIBILITY FOR HOMEOWNERS OR INVESTORS EACH UNIT FEATURES 3 BEDROOMS AND 2 FULL BATHROOMS, ALONG WITH A LARGE GROUND LEVEL RECREATIONAL ROOM THAT FEATURES AN ADDITIONAL FULL BATHROOM, LAUNDRY ROOM AND KITCHEN, PROVIDING VERSATILE SPACE FOR ENTERTAINING, EXTENDED LIVING, OR ADDITIONAL STORAGE. THE HOME FEATURES GRANITE COUNTERTOPS, STAINLESS STEEL KITCHEN APPLIANCES, RECESSED LIGHTING THROUGHOUT AND SLEEK FINISHES. THE PROPERTY ALSO OFFERS PRIVATE BACKYARD SPACE WITH WHITE VINYL FENCING CREATING A COMFORTABLE OUTDOOR SPACE FOR RESIDENCE. ITS CURRENTLY TENANT OCCUPIED HOWEVER, THE PROPERTY CAN BE DELIVERED VACANT, PROVIDING FLEXIBILITY FOR AN OWNER OCCUPANT OR INVESTOR. BUILT IN 2023. THE PROPERTY HAS APPROXIMATELY 2 1/2 YEARS REMAINING ON ITS TAX ABATEMENT AND APPROXIMATELY 7 YEARS REMAINING ON THE BUILDERS WARRANTY. A GREAT OPPORTUNITY TO OWN A NEWER TWO FAMILY HOME. WITH MODERN AMENITIES, MULTIPLE LIVING SPACES AND CONTINUED TAX ABATEMENT BENEFITS. THIS IS AN EXCELLENT INVESTMENT OR OWNER OCCUPANT OPPORTUNITY.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
No
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
35X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
4
Unit 1
Bedrooms:
3
Bathrooms:
3
Total Rooms:
7
Room Description:
Bedrooms, Laundry Room, Rec Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Laundry Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
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
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:
Cent Register Heat, See Remarks
Heating Fuel:
Electric, Gas-Natural
Cooling:
Central Air
Water Heater:
Electric, Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
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:
$825,000
Tax Amount:
$3,889
Land Assessment:
$64,300
Build. Assessment:
$8,600
Total Assessment:
$72,900
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4055565
List Date:
09-28-2026
Days On Market:
1
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Jennifer Melendez
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
