242 Graham Ave,Paterson City, NJ 07501
Paterson City, NJ 07501
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.
Details
| MLS # | 4051935 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 8 |
| Listing Provided By | ACCESS HOME REALTY | MARIA CARMONA VIDAL |
Features
| Bath(s) | 4 Total |
|---|---|
| Basement | Y |
Taxes
| Property | 2537 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07501 |
| Area | Passaic |
| Listing VS Median (in 07501) | |
Price: $659,000 low | high Med: $289,000 On site: 8 low | high Med: 121 | |
Market Activity 07501
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Learn More About This Property
| State | NJ |
|---|---|
| County | Passaic |
| City | Paterson City |
| Zip Code | 07501 |
| Area | Passaic |
| Listing VS Median (in 07501) | |
Price: $659,000 low | high Med: $289,000 On site: 8 low | high Med: 121 | |
