NJ > Paterson City
Paterson City, NJ 07513,491 21St Ave
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Paterson City, NJ 07513,491 21St Ave
Paterson City, NJ 07513,491 21St Ave
Paterson City, NJ 07513,491 21St Ave
Paterson City, NJ 07513,491 21St Ave
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
$ 925,000
Est. payment /mo
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Active

491 21St Ave Paterson City, NJ 07513

3,049 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3959587

Year Built 1940

Annual Tax Amount $21,404

Tax Year 2024

Lot Size 3,049 Sqft

Property Sub-Type Mixed Use

Property Description

Welcome to 491 21st Avenue, an outstanding income-producing property offering exceptional flexibility and growth potential. This unique opportunity features two separate buildings on one lot in a high-visibility, high-traffic location within the vibrant People's Park neighborhood.The front building includes a fully-leased retail storefront currently used as a dentist office at street level and two spacious residential apartments above, ideal for consistent, diversified rental income. The rear building offers two additional residential apartments, providing even greater earning potential. Property Highlights: 8.5% cap rate and Total of 5 rental units (1 commercial + 4 residential) Strong rental history with immediate income generation, Separate entrances for all residential units, Low-maintenance exterior with brick facade, Prime high-traffic location perfect for business exposure, Close proximity to public transportation, shopping, schools, and major highways. Zoned for residential and commercial use, offering investment flexibility. With minimal operating expenses and a "turn-key setup, this property is perfect for investors seeking stable cash flow or entrepreneurs looking to live and operate a business on-site. Nothing to do but collect rents!

Location

State NJ

County Passaic

Zoning Mixed

Rooms

Basement Bilco-Style Door, Full, Unfinished

Interior

Heating Gas-Natural

Cooling No Cool

Equipment Fire Alarm, Fixtures, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum

Utilities Available Gas In Street

Roof Type Asphalt Shingle

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC
agent

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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491 21St Ave

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