About This Home
This 8-bedroom, 5-bathroom residential multi family at 242 GRAHAM AVE in Paterson, NJ is listed for $679,900. on a N/A lot.
Property Details
Exceptional opportunity to own a newer-construction two-family home built in 2021, offering 8 bedrooms and 4.5 bathrooms. The property has been well maintained and is in excellent condition, including the roof and overall exterior and interior of the home.
Both units feature a modern layout, central heating and air conditioning, and separate utilities, providing convenience and efficiency for both occupants and investors. The second-floor unit is currently vacant, offering immediate occupancy or the opportunity to lease it at current market value.
The first-floor unit is tenant-occupied on a month-to-month lease, providing immediate rental income and additional flexibility. For buyers who intend to occupy the property, the seller is willing to provide the current tenant with a Notice to Vacate once all contractual contingencies have been satisfied.
Please note that the sale cannot be made contingent upon the property being delivered vacant. Whether you're looking for a primary residence with additional rental income or an investment property, this newer two-family home offers modern construction, strong income potential, and a versatile layout.
Monthly Cost Estimate
$3,636/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
242 GRAHAM AVE
Paterson, NJ 07501
Questions & Answers
This 8-bedroom, 5-bathroom residential multi family at 242 GRAHAM AVE is listed at $679,900. The estimated monthly payment is $3,636 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
This property is listed by MARIA CARMONA VIDAL and can be reached at 2017662565.