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32776941
32776942

71 Plum St, Paterson, NJ 07503

MO
NJ 1429936
Fernwood Realty
MB
Listed by Fernwood Realty
Unpriced
14 days on market
Updated 7 days ago
Opportunity zone

71 Plum Street

Details
Property Type Multifamily
Units 6
Beds 1
NOI $130,061
Tenancy Vacant
Lot Size (SqFt) 2,500
Investment Type Stabilized

Multifamily | 6 Units

Marketing description

Fernwood Realty Group is proud to exclusively present a newly constructed six-unit residential property located at 71 Plum Street in Paterson. The property consists entirely of one bed one den units, each featuring open floor plans, high ceilings, modern kitchens, in-unit washer/dryer, and quality finishes throughout. The asset is designed to meet strong workforce housing demand while offering residents comfortable, efficient living spaces. Ideally located within close proximity to public transportation, the property is just a 2-minute walk to the NJ Transit bus stop at Straight Street and Getty Avenue, providing convenient access to major employment hubs including New York City. Additionally, the property benefits from excellent connectivity to major roadways such as Interstate 80 and Route 19. Situated near prominent local attractions including Garret Mountain Reservation and Paterson Great Falls National Historical Park, 71 Plum Street offers residents a balance of accessibility and neighborhood appeal, making it a compelling turnkey investment opportunity in a high-demand rental market.

Investment highlights

  • Newly constructed six-unit residential property
  • One bed one den units with open floor plans
  • High ceilings and modern kitchens
  • In-unit washer/dryer
  • Quality finishes throughout
  • 2-minute walk to NJ Transit bus stop at Straight Street and Getty Avenue
  • Excellent connectivity to Interstate 80 and Route 19
  • Near Garret Mountain Reservation and Paterson Great Falls National Historical Park

Listing Contacts

MO
NJ 1429936
Fernwood Realty
MB
Listed by Fernwood Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$130,061.00
$10,838.42/mo

Valuation Metrics

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Additional Information

Name
Mordy Oratz
License
1429936
Brokerage
Fernwood Realty Group LLC
Title
CEO
Brokerage Address
411 Boulevard of the Americas
Name
Michael Banharosh
License
2559174
Brokerage
Fernwood Realty Group
Brokerage Phone
7329296300
Title
Sales Associate
Brokerage Address
411 Boulevard of the Americas
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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