Active
Multifamily
227 Mill St
Paterson City, NJ 07501
Beds
7
$679,000
Welcome to this beautifully recently renovated three-family home, situated in Paterson, NJ. The recent renovations was completed in July 2025 which makes this property a prime candidate for a strong rental income. With all three units delivered vacant, you have the flexibility to set your own rental terms and maximize… Read More income potential. The first floor entails (3) bedrooms, a full bath, and an in-unit washer and dryer, the second floor consists of (2) bedrooms and 1 full bath, and the third floor features (2b) bedrooms and 1 full bath. This property also includes a fully finished basement that adds extra value, featuring a kitchenette, a full bathroom, and washer/dryer hookups. Enjoy the convenience of yard space for entertainment and enjoyment. This property has close proximity to public transportation, schools, restaurants/entertainment, and worship. Property is being sold AS-IS! Don't miss this turn-key opportunity! Read Less
Courtesy of REALTY ONE GROUP LEGEND.
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Beds
7
Lot Size
0.07 Acres
Year Built
1970
MLS Number
3979358
30 Days Snapshot Of 07501
$316k
-8%
(avg) sold price
7
-63%
homes sold
111
+404%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1970, Renovated in 2025
Cooling
Window A/C(s)
Exterior Features
Vinyl Siding
Water Features
Public Water
Heating
Gas-Natural, Baseboard - Hotwater
Lot
Approximate Lot Size: 25X123, 0.07 acres
Parking
On-Street Parking
Property
3 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $7,601, Tax Rate: 5.095
Unit One
1 bathroom, 3 bathrooms, Handicap Accessibility: No, CarbMDet, CookGas, KitExhFn, Refrig, SmokeDet, StkW/D
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, CarbMDet, CookGas, KitExhFn, Refrig, SmokeDet
Unit Three
1 bathroom, 2 bathrooms, Handicap Accessibility: No, CarbMDet, CookGas, KitExhFn, Refrig, SmokeDet
Utilities
All Underground
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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