202 Mill St
Paterson City, NJ 07501
Price: $749,900
GSMLS: 4016185Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 9
Baths: 3 Full
Garage: No
Year Built: 1940
Acres: 0.06
Property Tax: $5,286
Description
Turnkey Renovated 3-Family Near Downtown " Low Maintenance, High AppealRare opportunity to own a fully renovated, income-producing 3-family property in a high-demand location. This substantial residence has been stripped to the studs & completely reimagined, delivering modern finishes, strong layouts, and peace of mind for the next owner.Each of the three spacious units features a 3-bedroom layout with a stylish design to attract quality tenants or provide comfortable owner-occupant living. Brand-new kitchens showcase contemporary cabinetry and durable countertops, while fully renovated baths offer a clean, modern aesthetic throughout.Major capital improvements include:New roofNew sidingNew windowsFully updated kitchens and bathrooms in all unitsWith the heavy lifting already done, this property offers low operating expenses and minimal deferred maintenance, making it an ideal turnkey investment or "live-in-one, rent-the-others opportunity.Located just minutes from Downtown, residents enjoy convenient access to shopping, dining, public transportation, and major highways an attractive combination for commuters and long-term tenants alike.Whether you're an investor seeking a stabilized asset or an owner-occupant looking to offset your mortgage with rental income, this property delivers flexibility, durability, and immediate value. Just turn the key and start collecting.1st foor tenant occupied $16502nd foor Vacant3rd floor tenant occupied $1900
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Roof:
Composition Shingle, See Remarks
Exterior:
Brick, Vinyl Siding
Lot Size:
25X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
3 Units, See Remarks
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
See Remarks
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$749,900
Tax Amount:
$5,286
Land Assessment:
$90,100
Build. Assessment:
$451,500
Total Assessment:
$541,600
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4016185
List Date:
03-23-2026
Days On Market:
0
Listing Broker:
UNITED REAL ESTATE
Listing Agent:
Sergio Limonta
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
