---
title: "62-64 Lafayette #7, Paterson, NJ 07501"
description: "62-64 Lafayette #7, Paterson, NJ 07501 — NYC real estate listing on Real Estate Rebate Team. Priced at $1435000. Est. potential buyer savings up to $35,875 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newjersey/paterson/07501/62-64-lafayette-7-nj-07501"
source: "Real Estate Rebate Team"
---

# 62-64 Lafayette #7, Paterson, NJ 07501

> **Listing Courtesy of:** EXP Realty, LLC

## Description

Income producing 7 unit corner property located at 62-64 Lafayette Street in Paterson, set on an oversized 50x100 lot with on site parking. This fully detached three story building offers a strong unit mix of one and three bedroom apartments, appealing to a wide range of tenants. All units have been renovated in recent years, providing solid in place income with minimal immediate capital needs. Tenants pay their own utilities, helping maintain efficient operating expenses. Currently delivering over an 9% cap rate with additional upside potential, this property presents a strong investment opportunity. Conveniently located near public transportation, shopping, schools and much more!

## Property Details

- **Price**: $1435000
- **Potential Buyer Rebate**: $35,875
- **Bedrooms**: 0
- **Property Type**: Office
- **Neighbourhood**: Paterson City
- **Area / Borough**: Paterson
- **Subdivision**: Paterson
- **Listing Office**: EXP Realty, LLC
- **State**: NJ

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$35,875** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/nj/passaic/paterson-city)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.