217 Lawrence St

Paterson City, NJ 07501


 

Price: $639,900

GSMLS:  4017354
Type: Multi-Family
Style: 2-Two Story, See Remarks
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1940
Acres: 0.08
Property Tax: $11,422
Description
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!
General Info
Style:
2-Two Story, See Remarks
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Full, Unfinished
Interior:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Roof:
Asphalt Shingle, See Remarks
Exterior:
Vinyl Siding
Lot Size:
37X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
None
Parking:
1 Car Width, Additional Parking, Off-Street Parking
Spaces Available:
5
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, 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:
Attic
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:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas In Street, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$639,900
Tax Amount:
$11,422
Land Assessment:
$101,000
Build. Assessment:
$423,500
Total Assessment:
$524,500
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4017354
List Date:
03-28-2026
Days On Market:
1
Listing Broker:
UNITED REAL ESTATE
Listing Agent:
Sergio Limonta
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
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Web: WillowWalkCondos.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox