Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 9% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!

Property Details of 62-64 Lafayette Street, Unit 7

Property Details

Interior Features

Map Location

Listed by EXP Realty,LLC / Mordy Abelesz

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All information deemed reliable but not guaranteed. Last date updated: June 13, 2026
Source: 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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