About 354 Hamilton Avenue
This exceptional project presents a unique opportunity to develop a highly sought-after 9-unit residential building in a thriving location. All necessary city approvals are in place, streamlining the development process and minimizing potential delays. Buyer will only have to apply for permits and break ground immediately. The building thoughtfully incorporates a lobby, mail and package area, stairwell, refuse and recycling room, and a studio unit on the ground floor. The 2nd and 3rd floors feature a one 1 bedroom unit and three 2 bedroom units on each floor, catering to a diverse range of potential residents. 6 off-street parking spaces and a bike rack enhance resident convenience and appeal. This property has an area of 5,520 Sq Ft. This project may qualify for 20 or 30 year tax abatement subject to city approvals.
Features of 354 Hamilton Avenue
| MLS® # | 25002192 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Type | 5+ Mixed Use |
| Status | Active |
Community Information
| Address | 354 Hamilton Avenue |
|---|---|
| City | Paterson |
| County | PASSAIC |
| State | NJ |
| Zip Code | 07501 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Roof | Asphalt |
|---|
Additional Information
| Date Listed | January 20th, 2025 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Alexis Guilliani |
|---|---|
| Office | Century 21 A.G. Realty Group |