Paterson, NJ 07503,60-62 Plum ST
Paterson, NJ 07503,60-62 Plum ST
Paterson, NJ 07503,60-62 Plum ST
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Listed by Gershon Adjaye Keller Williams Team Realty
$7,250,000
Est. payment /mo
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Key Details

Property Type Multi-Family

Sub Type 5+Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25042891

Style 5+Family

Property Sub-Type 5+Family

Property Description

Welcome to a TRUE TURNKEY opportunity! A newly constructed 20-unit residential building, located 2 blocks away from St. Joseph's Children's Hospital! 3 blocks away from access to Route-80! Only 20 minutes away from Manhattan (via GW Bridge). 60-62 Plum St, was built from the ground up, and completed in January 2025, and comes with the added benefits of a very low maintenance, allowing the owner/landlord, to self manage the property, if chosen too. Also the BIG BONUS....a (30) YEAR TAX ABATEMENT, with (29) YEARS REMAINING!!! And with NO RENT CONTROL RESTRICTIONS, this property is perfectly positioned, to keep the expenses low with increasing the rent roll yearly. The perfect pairing for any investor's formula. Contact today, to set up an in-person tour, and/or get a google link to extensive photos & video walkthrough tours of each unit (prior to occupancy).

Location

State NJ

County Passaic


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New Jersey MLS (NJMLS)

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G.K. Cheung

G.K. Cheung

+1(908) 291-1300

Broker of Record | License ID: 1120283

Broker of Record License ID: 1120283

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60-62 Plum ST