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$3,495,000
115 Days On Site

197-199 12th Avenue
Paterson, NJ 07501

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
County:
PASSAIC
Listing courtesy of Gershon Adjaye of Keller Williams Team Realty: [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 862.266.7814
Is this the listing for you? We can help make it yours.
862.266.7814
197-199 12th Avenue197-199 12th Avenue197-199 12th Avenue197-199 12th Avenue
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New Construction! Fully Occupied! All Utilities Separated...including gas, electric, & water! AND A RARE...a 30-Year Tax Abatement!!! Newly constructed Dec 2024, this 10-unit multifamily consists of (4) 2B/1B units + (6) 1B/1B units, complemented with (15) parking spaces. This property is being offered fully occupied , at a strong 6.52% cap rate. All units are finished in a modern aesthetic, with stainless steel appliances, and washer & dryers in every unit. Contact for a fully video walkthrough tough, of the exterior, garage, interior common areas, & units. This is a great income producing, turn key property, with minimal maintenance. Full video tour of each unit available upon request & registration.

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Listing Snapshot
Price 
$3,495,000
Days On Site 
115 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
25028238
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoPrice changed to $3,495,000
6 days agoStatus changed to Active
4 months agoListing first seen on site
General Features
Property Condition 
New Construction
Property Sub Type 
Mixed Use
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Listing courtesy of Gershon Adjaye of Keller Williams Team Realty: [email protected]



The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information is deemed reliable but not guaranteed. Last checked: 2025-12-01 01:32 AM UTC
Source: New Jersey Multiple Listing Service, Inc.

Copyright 2025, New Jersey Multiple Listing Service, Inc.

Neighborhood & Commute
Source: Walkscore
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