HUD-insured apartment loans in Paterson, NJ
5 properties in Paterson with 539 units have FHA-insured mortgages, owing $64.4 million in all. The median note rate is 3.75%; the lowest is 3.5% at Governor Paterson Towers II (north).
| Property | Units | Rate | Balance | Matures |
|---|---|---|---|---|
| Governor Paterson Towers II (north) | 201 | 3.5% | $195,963 | 2027 |
| Riverside Senior Apartments | 81 | 3.75% | $13.4 million | 2061 |
| Riverside Village Family Apartments Phase I | 165 | 3.75% | $39.3 million | 2062 |
| 182 E 33rd Street | 24 | 5.85% | $6.3 million | 2061 |
| Hamilton Square | 68 | 6.92% | $5.2 million | 2065 |
Most-active servicers here: Midland States Bank (3), Greystone Servicing Company Ll (1), Lument Real Estate Capital, Ll (1).
Source: HUD, Insured Multifamily Mortgages, active file, current as of September 30, 2026. Grouped by the city HUD records for each property.
Buying or refinancing in Paterson?
The Janover Capital desk can tell you whether an existing HUD loan can move with the property, and what a new one would size to.