This Multifamily Property is no longer advertised on LoopNet.com.

208 Redwood Ave
Paterson, NJ 07522
Multifamily Property For Sale · 16 Units

Investment Highlights

  • 30-year tax abatement (1st 10 years only minimal tax on land)
  • NO COAH
  • Covered/assigned parking; Schindler elevator
  • NO rent control
  • Tenants pay utilities
  • GE in-unit washers and dryers, Quartz pure white kitchen countertops, Vinyl plant flooring with added durability and a built-in underlayment pad

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.35 AC
Building Size 14,592 SF
No. Stories 4
Year Built/Renovated 1950/2023
Zoning R-3 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - 550
1+1 6 - 700
2+2 8 - 950

Property Taxes

Property Taxes

Parcel Number
08-01006-0000-00055
Land Assessment
$106,800
Improvements Assessment
$0
Total Assessment
$106,800
  • Listing ID: 30367008

  • Date on Market: 12/14/2023

  • Last Updated:

  • Address: 208 Redwood Ave, Paterson, NJ 07522

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