# 474 10Th Ave, Paterson City, NJ 07514-2763

> **TL;DR:** other, $2,000,000, built 2022.
> A/C. Est. $10,696/mo. Listed 127 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,000,000 |
| Year Built | 2022 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Other (Other) |
| Status | Active |
| Days on Market | 127 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $10,113 |
| Estimated Insurance | $583 |
| **Total** | **$10,696** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2022
- 0.11 acre lot

## Description

### Agent Description
Exceptional opportunity to own this well-built 7-unit apartment building constructed in 2022, offering the benefits of a tax abatement with 26 years left for lower taxes and stronger cash flow. This fully occupied property features a desirable unit mix of five 2-bedroom apartments and two 1-bedroom apartments, each designed with modern layouts. Each unit includes in-unit laundry, while tenants also enjoy the security and convenience of gated on-site parking. Ideally located with easy access to Route 20, Route 4, and Route 208, the property offers excellent commuter accessibility and proximity to shopping, dining, and everyday amenities. Whether you're a seasoned investor looking to expand your portfolio or a first-time multifamily investor seeking a turnkey asset, this newer construction building provides an attractive combination of low maintenance, strong occupancy, and tax advantages.

## Location

- **Address:** 474 10Th Ave, Paterson City, NJ 07514-2763
- **County:** Passaic
- **Coordinates:** 40.92347, -74.14468
- **Google Maps:** https://www.google.com/maps?q=40.92347,-74.14468

## Listing Agent

- **Name:** NICHOLAS TSELEPIS
- **Brokerage:** Nicholas Real Estate
- **Broker Phone:** (973) 725-3778

## Photos

![474 10Th Ave - Photo 1](http://lh.rdcpix.com/4cf8c61d14ae840121b753cf28c7f151l-f1418267144r.jpg)

![474 10Th Ave - Photo 2](http://lh.rdcpix.com/4cf8c61d14ae840121b753cf28c7f151l-f3727714161r.jpg)

---

**MLS#:** 4037286 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/474-10th-ave-paterson-city-nj-07514-2763-6ba7e4d2ed284086a47fdf1225698e7b)

---

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