Home » Real Estate » NJ » Paterson City » 07524 » 215 - 217 E 16Th St, #3, Paterson City, NJ, 07524
$899,999

215 - 217 E 16Th St, #3, Paterson City, NJ, 07524

11 Beds
5 Baths
Well-maintained multi-family property featuring three residential units plus a fully finished walkout basement with additional living space. All units offer spacious, well-proportioned layouts with separate living and dining rooms, providing strong rental functionality and comfortable living space. Unit 1 features 3 bedrooms, 1 full bath, a spacious living room, dining room, and kitchen. Unit 2 offers 3 bedrooms, 1 full bath, with a spacious living room, dining room, and kitchen layout. Unit 3 includes 3 bedrooms, 1 full bath, living room, dining room, and kitchen, offering a functional layout with generous space. The fully finished walkout basement includes 2 bedrooms, 2 full baths, and also features a living room, dining area, and kitchen. Property features a long driveway with two-car wide parking. Each unit has separate utilities. Tenants will remain in place at closing, allowing for immediate rental income. According to seller representation and DCA records, the property is registered and inspected as a 3-unit dwelling. Buyer is responsible for verifying legal use, zoning, and occupancy with the municipality. Strong income-producing property with stable rental structure and long-term appreciation potential.
Offered By
COLDWELL BANKER REALTY

Property Details

Property Type Multi Family
Status Active
Bedrooms 11
Bathrooms (Full) 5
MLS # 4027159

Market Trends

New Properties On Market
24
118% Increase In New Listings
Average Asking Price
$458,795
$257,279 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$138
Average Days On Market
9
16 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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