242 GRAHAM AVE, Paterson, NJ 07501
242 GRAHAM AVE, Paterson, NJ 07501
242 GRAHAM AVE, Paterson, NJ 07501
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$679,900
Est. payment /mo
8 Beds
4.5 Baths
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Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260019039

Style Other-See Remarks

Bedrooms 8

Full Baths 4

Half Baths 1

Annual Tax Amount $2,537

Tax Year 2024

Lot Dimensions 25X100

Property Sub-Type 2 Family

Property Description

Exceptional opportunity to own a newer-construction two-family home built in 2021, offering 8 bedrooms and 4.5 bathrooms. The property has been well maintained and is in excellent condition, including the roof and overall exterior and interior of the home. Both units feature a modern layout, central heating and air conditioning, and separate utilities, providing convenience and efficiency for both occupants and investors. The second-floor unit is currently vacant, offering immediate occupancy or the opportunity to lease it at current market value. The first-floor unit is tenant-occupied on a month-to-month lease, providing immediate rental income and additional flexibility. For buyers who intend to occupy the property, the seller is willing to provide the current tenant with a Notice to Vacate once all contractual contingencies have been satisfied. Please note that the sale cannot be made contingent upon the property being delivered vacant. Whether you're looking for a primary residence with additional rental income or an investment property, this newer two-family home offers modern construction, strong income potential, and a versatile layout.

Location

State NJ

County Passaic

Area Paterson

Rooms

Basement Finished

Interior

Heating A/C Central, Electric

Cooling A/C Central, Electric

Exterior

Exterior Feature Other-See Remarks

Parking Features 3+ Cars, Attached, Garage


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Listed by ACCESS HOMES REALTY

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242 GRAHAM AVE