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$680,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 4 days ago
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*** Exceptional Investment Opportunity - Renovated, High-Yield Property. *** This beautifully renovated property, updated in 2020, is an investor's dream. In excellent condition and completely move-in ready, it has been meticulously maintained and offers outstanding potential for immediate returns. The home is not owner-occupied, making it ideal for generating passive income with minimal effort. Featuring an aggressive cap rate, this property stands out as a lucrative addition to any portfolio. Its combination of modern upgrades, including a new roof, boiler, HWH and great condition ensures long-term value and consistent rental demand. Secure this rare opportunity and maximize your investment returns today.

Full Property Details for 448 21st Ave

General

  • Price: $680,000
  • Taxes: $10,890 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3935401
  • Updated: 11/20/2024
  • Added to Site: 5 day(s) ago

Interior

  • Number of Rooms: 22

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Location

  • County: Passaic
  • Driving Directions: Madison Ave to 21st Ave

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 2 Units, Electric Baseboard, Baseboard - Hotwater
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Roof: Asphalt Shingles
  • Year Built: 1940
  • Remodeled/Updated: 2023

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Assessment Amount: $188,600
  • Land Assmt: $33,500
  • Tax Amount: $10,890
  • Tax Year: 2023

Disclosures and Reports

  • Exclusions: 1st Floor Refrigerator, which is tenant-owned.
  • Disclosures: Yes
  • Block: 8915
  • Lot Number: 3

Listed by Keller Williams City Views

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Listing agent

— 448 21st Ave —

  • Keller Williams City Views

973-349-9218

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 448 21st Ave

School District:Paterson Public Schools
RatingNameGradesDistance
2
School 24
50 19th Ave, Paterson, NJ 07513
PK-80.2 mi
3
Martin Luther King Jr Elementary School, Paterson, NJ
851 E 28th St, Paterson, NJ 07513
K-80.4 mi
3
Public School Number 15
98 Oak St, Paterson, NJ 07501
PK-50.5 mi
4
Roberto Clemente School
482 Market St 506, Paterson, NJ 07501
6-80.4 mi
NR
School Of Information Technology At Eastside
150 Park Ave, Paterson, NJ 07501
9-120.6 mi
NR
School Of Culinary Arts Hospitality and Tourism
150 Park Ave, Paterson, NJ 07501
9-120.6 mi
NR
School Of Government and Public Administration
150 Park Ave, Paterson, NJ 07501
9-120.6 mi
2
Roberto Clemente Elementary School, Paterson, NJ
434 Rosa Parks Blvd, Paterson, NJ 07501
K-40.6 mi
5
Public School Number 20, Paterson, NJ
500 E 37th St, Paterson, NJ 07504
K-80.7 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 448 21st Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2024
Listed
$680,000
81.33%
MLS
9/29/2020
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 448 21st Ave

Year
Property Taxes
Change
Tax Assessment
Change
2022
$10,310
35%
$222,100
—
2022
$7,657
-23%
$222,100
—
2021
$9,941
11%
$222,100
2%
2019
$8,975
-3%
$217,100
2%
2018
$9,249
5%
$213,800
1%
2017
$8,823
-9%
$212,100
-5%
2016
$9,724
6%
$224,100
—
2015
$9,206
-13%
$224,100
-42%
2013
$10,570
—
$385,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams City Views

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448 21st Ave, Paterson, NJ 07513 (MLS# 3935401) is a Multi-Family property with 2 units containing 7 bedrooms and 4 full bathrooms. 448 21st Ave is currently listed for $680,000 and was received on November 20, 2024. Want to learn more about 448 21st Ave? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

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