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69 Graham Ave, Paterson, NJ, 07524

11beds
3baths
3,207sqft
$699,900
$218price/sqft
$5,618/moest. monthly cost
$224,720/yrincome needed

About This Home

Acquire a Stabilized, High-Performing Multifamily Asset in the Heart of Paterson. This fully occupied legal 3-family features 11 bedrooms, 3 full baths, and over 3,200 square feet of income-producing real estate. All three units are leased at market rents to established tenants, providing immediate, reliable cash flow from day one. Recent capital improvements, including renovated second and third floor units, updated utilities, and a new roof (2021), significantly reduce near-term capital expenditures, making this a true turnkey investment. A full unfinished basement offers future value-add potential, while the property's location in one of Paterson's strongest rental markets supports long-term appreciation and consistent occupancy. Whether you're expanding your portfolio or completing a 1031 Exchange, this is more than a multifamily property it's a performing asset designed to generate stable income and long-term returns. Property is being sold strictly As-Is, Where-Is with tenants in place. Seller will make no repairs or provide credits. All inspections are for the buyer's informational purposes only.

Getting Around

81
WalkingVery Walkable
45
TransitSome Transit
50
BikeBikeable

Schools

2/10
School 10Grades K-80.1 mi
5/10

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Flat
  • Construction materials: Vinyl Siding

Notable Dates

  • Major remodel year: 2021

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Exhaust Fan,Range/Oven - Gas,Kitchen Exhaust Fan,Refrigerator,Microwave Oven,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Bilco-Style Door,Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Bedrooms,Eat-in Kitchen,Living Room,Pantry,Eat-In Kitchen,Dining Room

Heating

  • Heating features: 3 Units,Baseboard - Hotwater,Natural Gas

Interior Area

  • Total structure area: 3,207
  • Total interior livable area: 3,207 sqft

Property

Details

  • Parcel number: 2508030080000000080000
  • Exclusions: Tenants belongings

Features

  • Levels: 3-Three Story
  • Stories: 3

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Winter Weather
Cold Wave
Heat Wave
Lightning

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$408$4,896
Property Taxes $1,318$15,816
Electricity $353$4,242
Total$5,618$67,416
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$192,617/yr
40% on housing$168,540/yr
45% on housing$149,813/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$218This listing

vs Other Active Listings

Avg $/sqft

ZIP 07524$308
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07524$376
Passaic County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-21Listed for sale$699,900
2026-05-05Listing removed$766,000
2026-05-04Pending sale$766,000
2026-05-04Price change$766,000
2026-03-26Pending sale$779,000
2026-02-15Listed for sale$779,000
2025-04-14Sold$675,000
2025-02-07Pending sale$599,900
2024-12-27Listed for sale$599,900
2020-11-24Sold$325,000
2020-08-04Price change$359,000
2020-07-19Price change$374,000
2020-07-16Listed for sale$389,000
2020-03-02Listing removed$329,900
2020-02-24Price change$329,900
2019-12-17Listed for sale$299,900
2019-12-17Pending sale$299,900
2019-06-24Listed for sale$299,900
2014-08-12Sold$125,000
2011-07-12Sold$40,000
2009-10-05Sold$465,620
2007-11-29Sold$479,000
2006-05-15Sold$389,000
2005-04-05Sold$306,000
2002-09-26Sold$145,000

For Sale by Agent

AgentSol Castanos
BrokerageRealty One Group Legend

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