262 Union Ave | Paterson City

$710,000 | 7 Beds (4 Full)

Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio. GSMLS 4005042

Directions to property: On Union Blvd

MLS Listing ID: 
GSMLS 4005042
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Architectural Style: 
3-Three Story
Stories: 
3
Year Built: 
1997
New Construction: 
0
Basement: 
Unfinished
Interior: 
Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks, Storage
Construction
Roof: 
Asphalt Shingle
Exterior: 
Aluminum Siding
DisabilityFeatures: 
No
Energy Information: 
Electric
Porch: 
No
Deck: 
No
Room Details
Details about the rooms in the building.
Total Rooms: 
16
Total Bedrooms: 
7
Total Bathrooms: 
0
Total Full-Bathrooms: 
4
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard - Electric
Heating System Fuel: 
Gas-Natural
Cooling System: 
Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Waterfront: 
0
Lot Features
Driveway: 
2 Car Width
Parking Type: 
2 Car Width
Total Parking Spaces: 
2
Garage: 
Detached Garage
Pool: 
No
Fence: 
No
Public Record
Parcel Number: 
2508-01311-0000-00001-0000-
Lot Number: 
1
Annual Tax: 
$12,462.00
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
1/14/2026
Contract Details
Details about the listing contract.
Inclusions: 
See Remarks
Possession: 
tbd
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
LIFESTYLE INTERNATIONAL REALTY