Turn-key | 11 Unit | Multi-family | Investment Sale | Northern, NJ

463-465 Summer St, Paterson, NJ 07501

  • For Sale $2,100,000
  • Property Type Multi-Family
  • Property Size 9,871 SF
  • Units 11
  • Lot Size 0.11 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2023
  • Date Updated Jun 9, 2025
Discover the appeal of Northern NJ with this prime multi-family mixed-use investment opportunity. The area surrounding the property is thriving with convenient access to major highways, making it a strategic location for office space investment. With close proximity to prominent landmarks like the Great Falls Historic District and Garret Mountain Reservation, the area offers a perfect blend of urban convenience and natural beauty. Future tenants will also appreciate the diverse dining options and retail destinations in the vicinity. Don't miss out on the chance to capitalize on this vibrant and dynamic market.Introducing a prime investment opportunity in Northern NJ! This meticulously renovated 9,871 SF property offers 11 units and boasts 100% occupancy, providing a strong and consistent cash flow. Zoned R-3, this attractive low-rise building presents a secure and lucrative option for multifamily investors. Located in a sought-after area, the property's strategic positioning allows for effortless access to essential amenities and transportation links. With its favorable occupancy rate and modern updates, this property stands as an excellent choice for investors seeking a reliable and high-performing multifamily asset in the Northern NJ region.
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Highlights

  • 11 total units | 10 Residential Apts + 1 Commercial Unit
  • 9,871 SF building | 3 Floors
  • Close to Route 80
  • Historic 100% occupancy
  • Prime Corner Lot
  • Totally Renovated in 2023
  • Zoned: R-3 Multi-family

Contacts

broker
Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable

  • Transit Score ®

    61/100 Good Transit

  • Bike Score ®

    27/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Paterson, NJ
  • Neighborhood Wrigley Park
  • Zip Code 07501
  • Market New Jersey

Points of Interest

  • Radburn

    2.92 miles

  • Montclair State University

    3.41 miles

  • Glen Rock-Main Line

    3.83 miles

  • Glen Rock-Boro Hall

    3.91 miles

  • Little Falls

    4.33 miles

  • Passaic

    4.57 miles

  • Mountain Avenue

    4.87 miles

  • Wesmont

    5.23 miles

  • Wayne Totowa Taxi

    5.26 miles

  • Ridgewood Taxi

    5.31 miles

  • Coastal

    0.34 miles

  • Shell

    0.44 miles

  • BP

    0.50 miles

  • K&G Petroleum

    0.55 miles

  • Delta

    0.62 miles

  • Gulf

    0.76 miles

  • Conoco

    0.90 miles

  • Mobil

    0.92 miles

  • Millennium Gas 2000

    1.37 miles

  • Gas Depot

    1.53 miles

  • Paterson Parking Authority Site 11

    0.38 miles

  • Lot 2

    0.48 miles

  • Lot 1

    0.50 miles

  • Paterson Parking Authority Site 12 East

    0.51 miles

  • Paterson Parking Authority Site 12 West

    0.54 miles

  • Lot 3

    0.58 miles

  • Paterson Parking Authority Site 8

    0.63 miles

  • Public Safety Complex/PCCC Garage

    0.64 miles

  • Paterson Parking Authority Site 10

    0.74 miles

  • Paterson Parking Authority Site 2

    0.82 miles

  • Rodeway Inn

    0.60 miles

  • Crowne Plaza

    3.22 miles

  • Marriott Saddle Brook

    3.28 miles

  • Holiday Inn Totowa Wayne

    3.31 miles

  • Garden Plaza Hotel

    3.43 miles

  • Hyatt Place

    3.84 miles

  • Ramada Rochelle Park Near Paramus

    4.06 miles

  • Ramada Wayne Fairfield Area

    4.50 miles

  • FairBridge Inn & Suites Wayne

    4.50 miles

  • Home2 Suites by Hilton Wayne

    4.68 miles

  • La Chiflada NJ

    0.26 miles

  • Checkers

    0.31 miles

  • Domino's

    0.34 miles

  • Dunkin'

    0.37 miles

  • Popeyes

    0.39 miles

  • Mister Chimi

    0.44 miles

  • Kikiriki

    0.45 miles

  • Axutla Panderia

    0.46 miles

  • Mi Kausita

    0.47 miles

  • Grancho

    0.47 miles

  • Elementary School 15

    0.10 miles

  • Saint Anthonys School

    0.17 miles

  • Elementary School 11

    0.18 miles

  • Eastside High School

    0.24 miles

  • Dale Avenue Elementary School

    0.30 miles

  • Alexander Hamilton Academy

    0.37 miles

  • Edward W. Kilpatrick School of Discovery

    0.41 miles

  • Father English Community Center

    0.43 miles

  • PCCC Community Technology Center

    0.43 miles

  • PCCC Enrollment Services Building

    0.44 miles

  • Memorial Day Nursery

    0.34 miles

  • Hogar Infantile Child Development Center

    0.51 miles

  • PCCC Childcare Center

    0.59 miles

  • Michael's Energy Factory

    0.78 miles

  • Boys & Girls Club Of Hawthorne

    2.22 miles

  • Golden Steps Learning Center

    2.39 miles

  • Center For Family Resources

    2.54 miles

  • Headstart Program

    2.55 miles

  • Kiddie University

    2.88 miles

  • Apple Montessori Schools

    2.95 miles

Frequently Asked Questions

How much does Turn-key | 11 Unit | Multi-family | Investment Sale | Northern, NJ cost?

The space currently listed for sale at Turn-key | 11 Unit | Multi-family | Investment Sale | Northern, NJ asks for $2,100,000.

What is the total square footage of Turn-key | 11 Unit | Multi-family | Investment Sale | Northern, NJ?

Turn-key | 11 Unit | Multi-family | Investment Sale | Northern, NJ totals 9,871 square feet.

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Contact Listing Broker
broker
Bruce Elia Jr.

KW Commercial | Bruce Elia Jr. | Fort Lee

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