Skip To Content

331 Straight St

Paterson City, NJ 07501
  • $990,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 3938919
UPDATED: 39 min ago
$990,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,900
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

Description

Here we go, 331 Straight St, Paterson, NJ, 07501 is ready to go. This approx 9.5% cap rate income producing property is ready to close on. Close to all major transportation. 14 unit mix use residential / commercial rooming house. 100% newly renovated, consisting of 8 rooms with shared 2 full bathrooms, 4 rooms with private bathrooms, 1-3 bedroom apt and 1 commercial store. Complete make-over exterior and interior in 2020 all renovated bathrooms, electric plumbing, heating and much more potential!!! This is located blocks away from highways, shopping centers and train station. super lives on site.

Monthly Payment Calculator



Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T10:46:49.787.
www.gardenstatehomesearcher.com/homes/159019819
Print Image

331 Straight St Paterson City, NJ 07501

  • Price: $990,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 39 min ago
  • MLS #: 3938919
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,900
SQFT
$202
$/SQFT
1930
Built
Neighborhood:
Train Station
County:
Passaic
Area:
Paterson City
Property Description
Here we go, 331 Straight St, Paterson, NJ, 07501 is ready to go. This approx 9.5% cap rate income producing property is ready to close on. Close to all major transportation. 14 unit mix use residential / commercial rooming house. 100% newly renovated, consisting of 8 rooms with shared 2 full bathrooms, 4 rooms with private bathrooms, 1-3 bedroom apt and 1 commercial store. Complete make-over exterior and interior in 2020 all renovated bathrooms, electric plumbing, heating and much more potential!!! This is located blocks away from highways, shopping centers and train station. super lives on site.
Exterior Features

Approximate Lot Size 22X81 Available Parking Spaces 0 Construction See Remarks Exterior Description See Remarks Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description See Remarks Roof Description Flat

Interior Features

Basement Yes Basement Description Unfinished Cooling See Remarks Equipment Available See Remarks Floors LaminateTileWood Heating 3 Units Max Ceiling Height 12 Max Door Height 9 Number Of Doors 0 Number Of Lavatories 6 Office Sq Ft 900

Property Features

Available Immediately Building Number 331 DEPStatus See Remarks For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 128544 Net Operating Income 98897 Owner Pays See RemarksWater Permitted Use Mixed useLicensing rooming house Primary Property Type MixedUse Prior Use Mixed useLicensing rooming house Property Type Mixed Use Sale Includes Building & LandOperating Licenses Sewer Public Sewer Suite Number 331 Tax Amount 20572 Tax Rate Amount 4.903 Tax Rate Year 2024 Tax Year 2023 Total Operating Expense 39647 Utilities ElectricGas-Natural Water Public Water Year Built Description Renovated Zoning Mixed Use

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Bhgre Elite: 908-316-8530.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-01-13T10:46:49.787.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3938919-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3938919-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3938919-2.jpg
Logo
The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067