Estimated payment $5,587/month
Prime Investment Opportunity in Paterson!Welcome to 18-20 2nd Ave ? a spacious 2-family property with strong income potential. Situated on a double lot, this property offers the unique opportunity to subdivide the second lot for future development or expansion. Both units feature generous layouts, perfect for maximizing rental income. Whether you're a seasoned investor or just starting out, this is a rare chance to own in a high-demand rental area with room to grow.
Listing Agent
EDRAS FLORENTINO
REALTY ONE GROUP PRODIGY Brokerage Phone: 973-661-1719 Listed on: 05/29/2025
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,951 | $195,300 | $53,100 | $142,200 |
| 2024 | $9,576 | $195,300 | $53,100 | $142,200 |
| 2022 | $9,066 | $195,300 | $53,100 | $142,200 |
| 2021 | $8,742 | $195,300 | $53,100 | $142,200 |
| 2020 | $8,154 | $195,300 | $53,100 | $142,200 |
| 2019 | $7,900 | $191,100 | $52,200 | $138,900 |
| 2018 | $8,155 | $188,500 | $51,800 | $136,700 |
| 2017 | $7,783 | $187,100 | $51,500 | $135,600 |
| 2016 | $8,561 | $197,300 | $54,000 | $143,300 |
| 2015 | $8,105 | $197,300 | $54,000 | $143,300 |
| 2014 | $13,111 | $452,100 | $184,800 | $267,300 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $875,000 | +44.6% | -- |
| 05/09/2024 05/09/24 | Sold | $605,000 | +6.1% | $208 / Sq Ft |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- |
| 12/28/2023 12/28/23 | For Sale | $570,000 | 0.0% | $196 / Sq Ft |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 09/19/2023 09/19/23 | Price Changed | $570,000 | +26.7% | $196 / Sq Ft |
| 09/19/2023 09/19/23 | For Sale | $450,000 | -- | $155 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $605,000 | None Listed On Document | |
| Deed | $475,000 | Main Street Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $594,041 | FHA | |
| Previous Owner | $368,000 | New Conventional |
$900,000
This exceptional new construction listing in one of Paterson's most desirable neighborhoods boasts an impressive layout with 4 spacious bedrooms and 2 full bathrooms, including a luxurious master bathroom on both the first and second floors. The finished basement offers additional living space, complete with a full bathroom and a private entrance. The property also features an attached two-car
David Vanegas Empire Real Estate
$900,000
This exceptional new construction listing in one of Paterson's most desirable neighborhoods boasts an impressive layout with 4 spacious bedrooms and 2 full bathrooms, including a luxurious master bathroom on both the first and second floors. The finished basement offers additional living space, complete with a full bathroom and a private entrance. The property also features an attached two-car
David Vanegas EMPIRE REAL ESTATE
$699,000
Solid 2-Family Investment Opportunity!Spacious and well-located, this 2-family property offers two full 3-bedroom, 2-bath units, each with excellent square footage and a smart layout. The 2-car garage adds convenience and value, while the central location provides easy access to major highways, local parks, schools, and a nearby university?perfect for maximizing rental appeal or creating flexible
Edwin Kalinka KELLER WILLIAMS METROPOLITAN
$699,000
Solid 2-Family Investment Opportunity!Spacious and well-located, this 2-family property offers two full 3-bedroom, 2-bath units, each with excellent square footage and a smart layout. The 2-car garage adds convenience and value, while the central location provides easy access to major highways, local parks, schools, and a nearby university perfect for maximizing rental appeal or creating flexible
Edwin Kalinka Keller Williams Realty Metropolitan
$899,000
Discover this turnkey gem featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, PLUS a bonus 3-bedroom, 1-bath unit ideal for guests, and more.This fully renovated property showcases modern kitchens with new appliances, stylish new flooring throughout, and beautifully updated bathrooms with contemporary fixtures and finishes. Each main unit also features a private balcony
Roy Castro REALTY ONE GROUP LIVING
$699,000
Welcome to this charming two-family home nestled on a quiet, tree-lined street! Featuring a welcoming open front porch, this property offers both comfort and versatility. The first-floor unit has been recently renovated and includes a galley-style kitchen, living room, 2 bedrooms, and a full bath. The second-floor unit extends into the finished attic, providing spacious living with 4 bedrooms, an
David Vanegas EMPIRE REAL ESTATE
$699,000
This charming home is tucked away on a quiet street just off Madison Avenue, offering easy access to mass transit and commuter routes. The first and second floors feature three spacious bedrooms, a large eat-in kitchen, and an open-concept living and dining area perfect for gatherings. The finished basement provides additional living space, while the attic offers great potential for future
David Vanegas EMPIRE REAL ESTATE
$659,000
Exceptional Two-Family Home in a Prime Paterson Location! Don't miss this rare opportunity to own a well-maintained multi-family property in one of Paterson's most desirable neighborhoods. Perfect for investors or multi-generational living, this home offers flexibility, space, and income potential. Second Floor Unit: Recently added within the last 15 years, this unit features central air,
Bruno Nunes Redfin Corporation
$749,000
Exceptional 5-bedroom, 3-bathroom two family home situated on an oversized lot, offering the perfect blend of space, comfort, and versatility. Both units feature updated kitchen(s) boasting granite countertops, stainless steel appliances, and ample cabinetry. Unit 1 features 2 beds and 1 bath. Unit 2 offers two floors of living space. Two Bedrooms on the main level and the attic offers a private
WANDA NUILA THE REAL ESTATE COMPANY
Source: Garden State MLS
MLS Number: 3966076
APN: 08-02208-0000-00011
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