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Tudor Court 555 E 27th St 50 Unit Apartment Building For Sale Paterson, NJ 07514
Investment Highlights
- Large units, average unit size of 1,143 SF
- Located in Paterson’s East Side Park neighborhood
- 56% of units are either 2 or 3 bedrooms (3 beds have 1.5 or 2 baths)
- Under 1 mile to McLean Blvd / Route 20 and approximately 2.5 miles to the Garden State Parkway, 14 miles to the GWB and 21 miles to the Lincoln Tunnel
Executive Summary
Tudor Court Apartments is a well-maintained, 50-unit, elevator building located in Paterson’s East Side Park neighborhood. This is the first time in over 20 years that this building has been made available for sale. Investors are extended the opportunity to acquire a generational asset in one of the city’s best neighborhoods.
Property Facts
| Sale Type | Investment | Building Class | C |
| No. Units | 50 | Lot Size | 0.76 AC |
| Property Type | Multifamily | Building Size | 55,104 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1940 |
| Zoning | B-2 | ||
| Sale Type | Investment |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 55,104 SF |
| No. Stories | 6 |
| Year Built | 1940 |
| Zoning | B-2 |
Amenities
Unit Amenities
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 50 | - | 1,000 |
Exceptionally walkable
90/100
Fairly drivable
40/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 08-03411-0000-00011 | Improvements Assessment | $9,947,758 CAD |
| Land Assessment | $255,847 CAD | Total Assessment | $10,203,605 CAD |
Property Taxes
Parcel Number
08-03411-0000-00011
Land Assessment
$255,847 CAD
Improvements Assessment
$9,947,758 CAD
Total Assessment
$10,203,605 CAD
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Tudor Court | 555 E 27th St
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