47 Carroll St | Paterson City

$4,900,000 | 16 Baths (16 Half) | 13,056 Sq. Ft.

Welcome to an exceptional investment opportunity at 47-49 Carroll Street in Paterson, NJ. This impressive, fully renovated, and turn-key 16-unit property offers a total of 13,056 square feet of living space, set on a 5,000 square foot lot. Each unit features a comfortable 2-bedroom, 1-bathroom layout, and the property is fully occupied, ensuring immediate rental income. Residents enjoy the convenience of on-site laundry facilities in the basement. Benefit from a 30-year tax abatement and take advantage of the property's location within an opportunity zone, aligning with Paterson's exciting revitalization efforts. An income and expense report is available upon request, providing transparency and insight into this smart investment. Don't miss your chance to be part of Paterson's promising future! GSMLS 3935661

Directions to property: Governor St & Harrison St

MLS Listing ID: 
GSMLS 3935661
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
4
Year Built: 
1940
Living Area: 
13,056
Basement: 
Finished-Partially, Partial
Construction
Construction Materials: 
Brick/Block
Roof: 
Asphalt Shingle
Exterior: 
Brick/Block
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
16
Total Half-Bathrooms: 
16
Utilities
Information about utilities available on the property.
Heating System: 
Forced Hot Air
Heating System Fuel: 
Gas-Natural
Cooling System: 
Central Air
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Dimensions): 
50X100
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Public Record
Parcel Number: 
2508-03211-0000-00046-0000-
Lot Number: 
00046
Annual Tax: 
$9,000.00
Property Zoning: 
Residential
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
11/22/2024
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land
Possession: 
ASAP
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
COMPASS NEW JERSEY LLC