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$650,000   Price Analysis
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109 Graham Ave
Paterson, NJ 07508
7 bed 3 bath 3,300 SqFt ($196/SqFt)
3,485SqFt lot. Built 1950
Listed 2024-06-05, Taxes $9,747
Ⓧ USDA Ineligible
due to location

near Paterson

Fantastic opportunity to invest in this completely renovated 3 Family Home.

* Sale Pending *

The home was all renovated in 2023 and is on a quiet residential block. There is a large park, Vera Ames Park, across the street. The home has a brand new roof and newer hot water heaters. The porch has been redone as well. Floors 1, 2 and 3 have separate gas and electric meters. This house has generated fantastic income revenue. There are 3 units, two 3 bedrooms and one 1 bedroom.

The bonus basement is fully finished and can be used along with the first floor or laundry can be added. There is a balcony off the second floor adding great outdoor space. Nice sized backyard. can be possible be an area to park 5 or so cars wth a permit. The owner has a NJDCA Certificate of Registration, with no violations. Brand new buyer must obtain the smoke cert from the City of Paterson. The property is being sold as is. Close to all transportation, approximately 25 mins to NYC. Take this opportunity to own a great income investment.


Presented by Henry Song at
PROMINENT PROPERTIES SIR.


Property MLS #3905955 from GardenState

Bedrooms: 7

Total Bathrooms: 3.00
Full Bathrooms: 3

Blinds
Carbon Monoxide Detector
Fire Extinguisher
Smoke Detector
Tile Floors
Wood Floors

15
Basement Description: Finished, Full

Heating Features: 3 Units, Baseboard - Hotwater
Heating Fuel: Gas-Natural

Deck
Partially Fenced
Patio

Lot Description: Corner, Level Lot
Lot Size Acres: 0.08
Lot Size Square Feet: 3485

Driveway: On-Street Parking
Garage Description: On-Street Parking

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 6
Total Rooms in Unit-3: 4
Unit-1 Description: Bedrooms, Kitchen, Living Room, Master Bedroom, Porch
Unit-2 Description: Bedrooms, Kitchen, Living Room, Master Bedroom, Porch
Unit-3 Description: Bedrooms, Kitchen, Living Room
Unit-1 Furnished Description: CarbMDet, SmokeDet, OvnWGas
Unit-2 Furnished Description: CarbMDet, OvnWGas
Unit-3 Furnished Description: CarbMDet, SmokeDet, OvnWGas
Unit-1 Square Feet: 1300
Unit-2 Square Feet: 1300
Unit-3 Square Feet: 700

Annual Tax Amount: 9747
Source Listing Status: Under Contract
County: Passaic
Directions: From East-80 - Rt 20 , corner of Graham & Montgomery . also comes up as 111 Rosa Park Blvd.Open House 6/8 1-3:00
Tax Year: 2023
Source Property Type: Multi-Family
Exclusions: Personal Property
Home Warranty: No
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$174,000 + $24,800
$198,800
$9,747
2022$174,000 + $24,800
$198,800
$9,228
2021$174,000 + $24,800
$198,800
$8,898
2020$174,000 + $24,800
$198,800
$8,299
2019$169,900 + $24,600
$194,500
$8,040
2018$167,200 + $24,500
$191,700
$8,292
2017$126,300 + $24,400
$150,700
$6,269
2016$133,500 + $25,700
$159,200
$6,907
2015$133,500 + $25,700
$159,200
$6,539
2014$236,400 + $151,500
$387,900
$11,233
2013$236,400 + $151,500
$387,900
$10,643
2012$236,400 + $151,500
$387,900
$9,755
2010$236,400 + $151,500
$387,900
$8,246
2009$236,400 + $151,500
$387,900
$7,490
2008$236,400 + $151,500
$387,900
$7,187
2007$236,400 + $151,500
$387,900
$67,882

Listing removed 2024-06-15
$0
NewJerseyMLS
Listed 2024-06-05
$650,000
NewJerseyMLS
Listed 2024-06-05
$650,000
GardenState
Listing removed 2024-05-24
$0
GardenState
Listed 2023-11-18
$649,999
GardenState
Sold 2020-01-17
$375,000
Public Record

Operating Expense Includes: Cold Water, Insurance, Maintenance, Taxes

Access: No

Year Built: 1950
Building Exterior Type: Vinyl Siding
Property Age: 74
Roof: Asphalt Shingle
House Style: 3-Three Story
Year Built Details: Renovated
Year Remodeled: 2023

Sewer: Public Sewer
Cable TV
Water Source: Public Water

Other Equipment: Gas

New Roberto Clemente is a public middle school located approximately 0.9 miles away.
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School 10 is a public elementary and middle school located approximately 0.2 miles away.
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Our Lady of Lourdes School is a private elementary and middle school located approximately 0.3 miles away.
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Rosa Parks Arts High School is a public high school located approximately 0.7 miles away.
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