South Jersey Real Estate Investors Association


141 N 4th St, Paterson, NJ 07522

Multiple Family / 7 Bedroom(s) / 3 Bath(s)

Property Status: Available |  For Sale: $395,000.00


Property Photos


Wholesale Investment Property


Property Status:
This Property is currently...
  • Status: Available
  • For Sale: $395,000.00
Property Details:
Multiple Family / 7 BR / 3 BA
Property Style:
Duplex
Finished Sq Ft:
2,442
Basement:
No Basement
Owner / Agent:
Owner / Agent
Property Features:
No Property Features Listed.
Contact Info
Real Estate Acquisitions Co.
(609) 807-1497

View on Individual's Website
Property Description:
To see more details and pictures on the property please check the link: realestateacquisitions.co/property/141-n-4th-street-paterson/

*To expand the pictures and see them in HD Please click on the large photo.

Wholesale Investment Property 

All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.

This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.

This property is available for purchase only with Cash, Hard Money, or Private Money.

141 N 4th Street, Paterson NJ 07522

Rental

Wholesale Price: $395,000
Rehab Cost: No rehab
After Repair Value: $460,000
Yearly Net Cash Flow: $44,381
Cash On Cash Return:  10.58%
Cap Rate:  9.65%
Property Information

Building Type: Multifamily – Duplex  
Real Estate Tax: $7,791 
Vacant: No 
Owner Occupied: 
Parking: Street Parking 

Construction Details:

Facade and Exterior: Siding is vinyl or aluminum
Roof:  Shingles (don’t know the age of the roof but it does not need to be replaced) 
Electric: Circuit breakers 
Heating: Gas
Plumbing: Copper
Laundry: No
Sewer: Public Sewer
Water: Hot water, no issues
Zoning: Residential

Comparables from the MLS used to determine ARV

Average Cost/SQFT: $195.19
Average Sold Price: $433,333.33
After Repair Value: $460,000.00

Address                      Price Sold           Sold Date            Size (sf)           Year Built          Price per sf             Distance from subject property (mi)
49 HALEDON AVE        400,000.00          11/9/2021           2252                  1887                  177.62                   0.11
PATERSON, NJ

196 N 7TH ST
PATERSON, NJ           450,000.00            5/20/2021          2124                     0                       211.86                0.12

70-72 GARFIELD AVE
PATERSON, NJ           450,000.00            5/24/2021           2295                 1887                    196.08                 0.13

Legal Disclaimer:
South Jersey Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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South Jersey Real Estate Investors Association

PO Box 689
Marlton, NJ 08053
(856) 663-1133

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