About 107 Jersey St
Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lot property offers three separate units and bonus billboard rental making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income andattracting long-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. Thishigh-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Justoff Rt 80 with Rt 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for persons seeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don't miss out schedule your showing today!
Features of 107 Jersey St
| MLS® # | 3971220 |
|---|---|
| Price | $750,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Acres | 0.02 |
| Year Built | 1940 |
| Type | Multi Family |
| Style | ThreStry |
| Status | Active |
Community Information
| Address | 107 Jersey St |
|---|---|
| City | Paterson City |
| County | Passaic |
| State | NJ |
| Zip Code | 07501-1718 |
Amenities
| Utilities | Gas-Natural |
|---|---|
| Parking | Off-Street Parking |
Interior
| Interior Features | Bar-Dry, Carbon Monoxide Detector, Smoke Detector |
|---|---|
| Heating | Gas-Natural |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Aluminum Siding |
|---|---|
| Exterior Features | Partially Fenced, Sidewalk |
| Roof | Asphalt Shingle |
Additional Information
| Date Listed | June 24th, 2025 |
|---|---|
| Days on Market | 124 |
Listing Details
| Office | ADDISON REAL ESTATE |
|---|---|
| Contact Info | 862-251-4915 |