$589,999
OPEN SAT 1PM - 3PM

268 Paterson Ave Unit 270 Paterson, NJ 07502

Prospect Park Neighborhood

Estimated payment $3,977/month

Total Views 83
6 Beds
2 Baths
1,712 Sq Ft
$345 Price per Sq Ft

About This Home

Fantastic Opportunity for First-Time Homebuyers or Savvy Investors!Welcome to this versatile multi-family home offering great potential and value. Unit 1 features 2 spacious bedrooms and 1 full bathroom, while Unit 2 boasts 4 generous bedrooms and 1 full bathroom ? perfect for larger households or maximizing rental income. The property can also be approved for one dedicated parking spot, adding convenience in this vibrant neighborhood. Whether you?re looking to live in one unit and rent the other, or build your investment portfolio, this property checks all the boxes!

Last Listed By

Jose Checo

REAL Brokerage Phone: 862-213-9780 Listed on: 05/28/2025

REAL

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,101

Year Built

  • Built in 1900

Lot Details

  • 3,136 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 1,712 Sq Ft Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,101

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1900
  • Year Built Description: Approximate
  • County Name: Passaic
  • Renovated Year: 2022
  • Street Number Display: 268
  • Directions: make a turn from preakness ave to crosby aveand then make a left on paterson ave
  • I D: 5360945
  • Modified: 2025-05-29
  • Number Images: 4
  • Attribution Contact: 862-213-9780
  • MLS Status: Active
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector
  • Total Number Rooms: 10
  • Bedrooms: 6
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Gas-Natural
  • Heating: Baseboard - Hotwater
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 3136
  • Assessed Improvement Value: 111500
  • Assessed Land Value: 47500
  • Assessment: 159000
  • Lot Identifier: 26

Tax Info

  • Tax Amount: 8101
  • Tax Rate Amount: 4.000
  • Tax Rate Year: 2025
  • Tax Year: 2025

Multi Family

  • Total Number Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $7,796 $159,000 $47,500 $111,500
2022 $7,381 $159,000 $47,500 $111,500
2021 $7,117 $159,000 $47,500 $111,500
2020 $6,638 $159,000 $47,500 $111,500
2019 $6,333 $153,200 $44,200 $109,000
2018 $6,532 $151,000 $43,800 $107,200
2017 $6,714 $161,400 $43,500 $117,900
2016 $7,398 $170,500 $45,800 $124,700
2015 $7,004 $170,500 $45,800 $124,700
2014 $7,920 $273,100 $128,000 $145,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $589,999 +84.4% $345 / Sq Ft
08/09/2021 08/09/21 Sold $320,000 -8.6% $202 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $350,000 -2.8% $221 / Sq Ft
03/15/2021 03/15/21 For Sale $360,000 0.0% $227 / Sq Ft
02/12/2019 02/12/19 Rented $1,350 0.0% --
02/12/2019 02/12/19 For Rent $1,350 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $320,000 Main Street Title
Deed $258,000 --
Interfamily Deed Transfer $40,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,204 FHA
Previous Owner $279,156 Unknown
Previous Owner $296,250 New Conventional
Previous Owner $232,200 No Value Available
Previous Owner $40,000 No Value Available
Source: Public Records

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Source: Garden State MLS

MLS Number: 3965638

Garden State MLS

APN: 08-01015-0000-00026