427 Summer St
Paterson City, NJ 07501
Price: $599,999
GSMLS: 4009959Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 9
Baths: 5 Full
Garage: No
Year Built: 1930
Acres: 0.06
Property Tax: $8,050
Description
Welcome to 427 Summer Street, a spacious multi-family property located in the vibrant city of Paterson, New Jersey. This property presents a fantastic opportunity for investors or owner-occupants looking to generate rental income while owning real estate in a convenient and growing area.The home features multiple well-sized units with generous living space, bright interiors, and comfortable bedrooms. Each unit offers functional layouts designed for everyday living, providing both comfort and practicality for residents.The property also includes a basement offering additional storage space and utility area. With public utilities and a location close to local shops, restaurants, schools, and parks, this home combines income potential with everyday convenience.Situated near major roadways and public transportation, commuting throughout Northern New Jersey and surrounding areas is simple and efficient.Whether you're looking to expand your investment portfolio or occupy one unit while renting the others, 427 Summer Street offers a great opportunity in the Paterson real estate market.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
See Remarks, Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Off-Street Parking, See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
5
Bathrooms:
3
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,FireAlrm,KitExhFn,Microwav,Refrig,Sat/Ant,SecurSys,SeeRem
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,FireAlrm,KitExhFn,Microwav,Refrig,Sat/Ant,SecurSys,SeeRem
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
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
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:
Baseboard - Hotwater, See Remarks
Heating Fuel:
Gas-Natural, Solar-Leased
Cooling:
See Remarks, Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural, See Remarks
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:
$599,999
Tax Amount:
$8,050
Land Assessment:
$20,800
Build. Assessment:
$137,200
Total Assessment:
$158,000
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
4009959
List Date:
02-16-2026
Days On Market:
23
Listing Broker:
REALTY OF AMERICA
Listing Agent:
Bryant Ralph Cuadros
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GreenbriarFoxRidge.com
