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718 E 18Th St

Paterson City, NJ 07501
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 108 Days
  • MLS #: 3954268
Under Contract
UPDATED: 62 min ago
$599,000
  • 8
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,845
    SQFT
  • $211
    $/SQFT
Type:
Multi-Family
County:

School Ratings & Info

Description

Fully rented and cash-flowing from day one, this legal 3-family property is a prime addition to any investor's portfolio. Each spacious unit has been recently renovated and is occupied by stable, long-term tenants. Located in a high-demand area with easy access to major highways, public transportation, and local amenities, this asset offers reliable passive income with strong upside potential. With rental demand surging in Paterson, now is the time to secure a high-yield, low-hassle investment. Property sold strictly As-Is, Where-Is; inspections for informational purposes only. Don't miss this rock-solid opportunity lock in your next cash-flowing asset today!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-19T16:46:25.467.
www.trompeterrealestate.com/homes/162122249
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718 E 18Th St Paterson City, NJ 07501

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 108 Days
  • Updated: 62 min ago
  • MLS #: 3954268
8
Beds
3
Baths
0
½ Baths
0.05
Acres
2,845
SQFT
$211
$/SQFT
County:
Passaic
Area:
Paterson City
Property Description
Fully rented and cash-flowing from day one, this legal 3-family property is a prime addition to any investor's portfolio. Each spacious unit has been recently renovated and is occupied by stable, long-term tenants. Located in a high-demand area with easy access to major highways, public transportation, and local amenities, this asset offers reliable passive income with strong upside potential. With rental demand surging in Paterson, now is the time to secure a high-yield, low-hassle investment. Property sold strictly As-Is, Where-Is; inspections for informational purposes only. Don't miss this rock-solid opportunity lock in your next cash-flowing asset today!
Exterior Features

Approximate Lot Size 24X87 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling None Heating 3 Units Total Number Of Rooms 15 Unit1 Appliances Equipment Microwave OvenRange/Oven - Gas Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Microwave OvenRange/Oven - Gas Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving RoomPorch Unit2 Rooms 5 Unit2 Sq Ft 1000 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 850

Property Features

Assessment Total 227800 Building Assessment 215500 Building Number 716 Easement Unknown Exclusions Tenant's belongings. Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 12300 Net Operating Income 0 Renovated Year 2020 Sewer Public Sewer Tax Amount 11606 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Unknown

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 646-546-4725.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-07-19T16:46:25.467.
 
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