86-88 Katz Ave
Paterson City, NJ 07502
Price: $725,000
GSMLS: 4010215Type: Multi-Family
Style: 2-Two Story, Under/Over
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: 1-Car
Year Built: 1950
Acres: 0.17
Property Tax: $14,097
Description
Rare Hillcrest 2-Family w/ Garage,Finished basement and paid off solar. First-floor unit vacant, offering multi-level living space, 3 bedrooms, 2 full baths, central air, and finished basement with direct garage entry. Second-floor unit features 2 bedrooms and 1 full bath, currently occupied. Delivery vacant at closing may be possible. Paid-off solar panels. Driveway and one-car garage. Convenient location near major highways, shopping, dining, and public transportation. Excellent opportunity for owner-occupant to help off set mortgage payment while building equity or investment opportunity.Financing Note:Property may qualify for special financing programs, including Community Reinvestment Act (CRA) loan options, offering potential benefits to qualified buyers. Buyers are encouraged to verify eligibility and terms with lender.
General Info
Style:
2-Two Story, Under/Over
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Finished, Full
Interior:
Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
See Remarks
Lot Size:
50X150
Lot Desc:
Backs to Park Land
Parking
Garage Capacity:
1-Car
Description:
Attached Garage, Garage Door Opener
Parking:
1 Car Width, Blacktop
Spaces Available:
1
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
Gas
Water:
Public Water, Water Charge Extra
Sewer:
Public Sewer, Sewer Charge Extra
Utilities:
Electric, Gas In Street
Services:
Cable TV Available, Fiber Optic Available, Garbage Included
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
Hillcrest
Financial Considerations
List Price:
$725,000
Tax Amount:
$14,097
Land Assessment:
$88,100
Build. Assessment:
$188,600
Total Assessment:
$276,700
Tax Rate:
5.10
Tax Year:
2024
Listing Information
MLS ID:
4010215
List Date:
02-17-2026
Days On Market:
58
Listing Broker:
KELLER WILLIAMS - NJ METRO GROUP
Listing Agent:
Mayrening M. Reyes
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com
