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$ 1,599,990
Est. payment /mo
New
80 Madison St Paterson City, NJ 07501
12 Beds
6 Baths
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4064621
Style 3-Three Story
Bedrooms 12
Full Baths 6
Year Built 2026
Annual Tax Amount $1,616
Tax Year 2025
Lot Size 3,920 Sqft
Property Description
BRAND NEW 6-UNIT An exceptional opportunity for both first-time and seasoned investors! This newly constructed 6-unit building features six spacious 2-bedroom apartments, thoughtfully designed with modern, open-concept layouts. Each unit offers a generous living and dining area, kitchen, two bedrooms, and a full bathroom.Two apartments per floor, a common area for shared tenant use, and finished basement with laundry hook up. This property offers a functional and attractive layout. Seller in process of getting a 30-year tax abatement, which offers the potential for significant property tax savings. Whether you're looking to begin building your real estate portfolio or expand an existing one, this property offers an exciting opportunity for long-term investment and rental income potential.
Location
State NJ
County Passaic
Rooms
Basement Finished
Interior
Heating Gas-Natural
Cooling See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Garage No
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by NICHOLAS REAL ESTATE AGENCY