219 Lawrence Place, Paterson, NJ 07501

$639,900
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Under Contract
BEDS6 BATHS2 full MLS#26010358
STATUSUnder Contract PROPERTY TYPEMulti Unit - Multiple

Property Description

BACK ON THE MARKET!!! Rare Opportunity: Oversized 2-Family on Quiet Dead-End Street with Massive Parking & Expansion Potential! Attention investors, contractors, and savvy owner-occupants: This substantial two-family residence offers a compelling "value-add" project in an increasingly rare Paterson setting. Situated on a dead end street, this property combines quiet residential living with significant long-term upside. Each unit features a classic, spacious floor plan including a formal living room, formal dining room, three bedrooms, and one full bath. The home is further enhanced by a full-footprint unfinished attic and a high-ceiling basement, providing incredible potential for additional living space, storage, or future value creation (subject to municipal approvals).This home also features exceptional and extensive off-street parking capable of accommodating multiple vehicles with ease a premium and highly sought-after amenity that drives tenant demand and property value in this market. The property requires TLC and is perfectly suited for those looking to build "sweat equity" or execute a strategic renovation. With the right vision, this asset is poised to become a high-performing income-producing property or a premier multi-generational home.Sold strictly AS-IS. Bring your contractor and your vision to unlock the significant equity waiting in this oversized residence. Schedule your showing today!

219 Lawrence Place | MLS# 26010358

This multi-family property located at 219 Lawrence Place, Paterson, NJ 07501 is currently listed for sale with an asking price of $639,900. Search Paterson real estate on www.joycerealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Taxes: $11,422

Feature Descriptions

Days on Site: 99
Number of Rooms: 12
Utilities: SEPERATE Elec, SEPERATE Gas, SEPERATE Heat

Listed By / Shown By

Listing By

Agency Name: United Real Estate
Agency Phone: 888-501-6953

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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Estimated Payment

$ 2,562.61 per month $1,424.14 Principal & Interest $951.83 Property Tax $186.64 Homeowner's Insurance

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