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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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474 10th Ave , Paterson City, NJ 07514
$2,000,000
Est. Payment: $10,178.42/mo
0 Bed
3.5 Bath
0 Sqft
Status: active | Days on site: 26
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
Operator

House Description

Exceptional opportunity to own this well-built 7-unit apartment building constructed in 2022, offering the benefits of a 30-year tax abatement with 26 years left for lower taxes and stronger cash flow. This fully occupied property features a desirable unit mix of five 2-bedroom apartments and two 1-bedroom apartments, each designed with modern layouts. Each unit includes in-unit laundry, while tenants also enjoy the security and convenience of gated on-site parking. Ideally located with easy access to Route 20, Route 4, and Route 208, the property offers excellent commuter accessibility and proximity to shopping, dining, and everyday amenities. Whether you're a seasoned investor looking to expand your portfolio or a first-time multifamily investor seeking a turnkey asset, this newer construction building provides an attractive combination of low maintenance, strong occupancy, and tax advantages.

Highlights

Listed by NICHOLAS TSELEPIS , MP NICHOLAS REAL ESTATE AGENCY , 973-340-1202. Garden State MLS

Property Type

Commercial Sale

Lot/Acreage
0.11

Year Built

2022

County

Passaic

Listing ID

4037286

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:3.5
  • Full Bathrooms:
  • 1/2 Bathrooms:7
Air Cond:Central Air
Fireplaces:
Other:Public Water

Exterior Features

Lot Dimensions:50X98
Zoning:R1
Roof:Flat
Others:See Remarks
Sewer:Public Sewer
Parking Features:Parking Lot-Exclusive
Principal Interest
$10,178
Taxes
$171

Home Price

$2,000,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$400,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$10,178.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,178.42 $170.67 $0.00 $10,349.08
Yearly $122,140.98 $2,048.00 $0.00 $124,188.98
Total $3,664,229.52 $61,440.00 $0.00 $3,725,669.52

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Paterson City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS