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12 Beds
4 Baths

$999,500

169 Godwin Avenue, Paterson NJ, 07501

Property typeMulti-family
Listed by Maikol Puebla with Coldwell Banker, Ridgewood 201-710-0598

Overview

Active

Active - Active

Listed Jul 29, 2026

Updated 3 days ago

Don't miss this outstanding investment opportunity in a prime Paterson location. This well-maintained four-family property generates nearly $120,000 in annual gross rental income and offers an impressive 7.5% cap rate, making it an excellent addition to any investment portfolio. Each spacious unit offers approximately 1,200 square feet of living space, providing layouts that attract and retain long-term tenants. The property features separate utilities for all units, helping minimize owner expenses and maximize cash flow. Additional highlights include six off-street parking spaces, a highly desirable amenity for tenants, and a convenient location close to major highways, public transportation, shopping, restaurants, schools, and parks.

$6,650/mo

Est. mortgage payment based on a $999,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26028525

Interior Features

Bedrooms
12
Bathrooms
4
Basement
No

Other Property Details

Taxes
$17,882
Tax Frequency
Annually
Association Fee Frequency
Monthly
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Listed by Maikol Puebla with Coldwell Banker, Ridgewood 201-710-0598

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Privé Haus are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/6/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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