Estimated payment $5,352/month
Welcome to this cherished, legal 3-fam home w/ 40 years of Owner-occupied care, just 5 blocks from the thriving Manor section of Paterson, 2 blocks from the coveted Historic Eastside Park District, and 5 blocks from Eastside Park. A neighborhood gem, it blends charm and function, offering a porch that fits a small seating area and versatile interiors ideal for investors or owner-occupants. 1st Fl Unit: Enter a welcoming living room leading to a large primary bedroom. A hallway accesses a full bathroom and two additional bedrooms. The eat-in kitchen leads to a walk-in pantry, plus a bonus room w/ many windows and abundant natural light, ideal for a home office or creative retreat. 2nd Fl Unit: This unit mirrors the 1st floor unit. A shared balcony via the hallway offers space for a grill and seating, private or shared per Owner's choice, enhancing outdoor enjoyment. 3rd Fl Unit: Cozy living room with storage crawlspaces opens to a front-facing bedroom to the left. To the right, find the eat-in kitchen, two bedrooms and a full bathroom. Additional Features: A back staircase links all levels. Full basement, partially finished w/ full bath. The fenced backyard suits dining and recreation. A detached 2-car garage and driveway for 4 cars add value. This well-maintained Paterson home is a rare find. Seize its legacy of care and potential. Schedule a tour today!
Listing Agent
BLUE FLAGS REALTY LLC Brokerage Phone: 973-358-5132 Listed on: 05/01/2025
Co-Listing Agent
VANESSA KALLBACK
BLUE FLAGS REALTY LLC Brokerage Phone: 973-358-5132
Home Type
Est. Annual Taxes
Parking
Home Design
Bedrooms and Bathrooms
Utilities
Additional Features
Community Details
Listing and Financial Details
| 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 | $17,009 | $346,900 | $57,000 | $289,900 |
| 2022 | $16,103 | $346,900 | $57,000 | $289,900 |
| 2021 | $15,527 | $346,900 | $57,000 | $289,900 |
| 2020 | $14,483 | $346,900 | $57,000 | $289,900 |
| 2019 | $14,018 | $339,100 | $56,000 | $283,100 |
| 2018 | $13,203 | $305,200 | $55,400 | $249,800 |
| 2017 | $12,596 | $302,800 | $55,000 | $247,800 |
| 2016 | $13,533 | $311,900 | $50,000 | $261,900 |
| 2015 | $12,813 | $311,900 | $50,000 | $261,900 |
| 2014 | $11,960 | $412,400 | $143,000 | $269,400 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/11/2025 05/11/25 | For Sale | $699,000 | -- | $178 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $48,000 | -- |
$625,000
4 Family, 2 2 family houses on one lot. Great investment property. The front property offers 1 bedroom, 1 bathroom on the first floor and 2 bedrooms, 2 bathrooms on the second floor. The back property offers 2 bedrooms, 2 bathrooms on the first floor and 2 bedrooms and 2 bathrooms on the 2nd floor. Leases are up on March 31st and are on a month to month basis thereafter Separated utilities, 4 gas
Francis Sullivan, 3rd Howard Hanna Rand Realty
$699,000
Great investment opportunity! Huge 4 family house located in Paterson. Fully rented with all separate utilities.
Linda Iriarte Unicasa Union Realty
$615,000
Your SEARCH ends here!!! Welcome to this versatile two-family home, perfect for both investors and owners-occupants! First floor features 2 Bedrooms, Living room, bathroom and large updated kitchen. Second Floor features 4 Bedrooms, Living Room, Kitchen and Bathroom. Finished Basement for storage and entertainment. Property is being sold "AS IS"
LEIDI ZULUAGA REDFIN CORPORATION
$749,000
Welcome to this oversized 2 family in the East Side section of Paterson NJ. This home features 3 huge bedrooms with dining and living room in the first floor and 4 bedrooms with similar layout in the second. It has a finished attic and basement with a long driveway and 2 car garage. This multifamily property is perfect for first time buyers or someone looking to add to their real estate
Justin Fallas EXP Realty, LLC
$775,000
Calling All Investors! 3 Family Home in Paterson, NJ! Unit 1 and Unit 2 Occupied each currently on a $3200 monthly lease. Larger 4 bed unit is Vacant. Huge potential for Monthly income/cashflow. Welcome to 605 Madison Ave featuring a total of 10 bedrooms and 5 bathrooms. Unit 1: 3 beds, 2 baths, Central A/C. Unit 2: 3 beds, 2 baths, Central A/C. Unit 3: 4 beds, 1 bath. Full unfinished basement,
Matthew Rowack EXP Realty, LLC
$800,000
Wrap a bow around this one! This home is a legal 3 family plus a finished walkout basement in the sought after area of East Side Park! Add this property to your investment portfolio or live in one unit and rent out the others. Convenience features of central AC & heat for basement and first floor, the 2nd and 3rd floor have their own separate central hot air units. This house shows great pride in
Joel Pujols Coldwell Banker Garden State
$599,000
Fully rented and cash-flowing from day one, this legal 3-family property is a prime addition to any investor's portfolio. Each spacious unit has been recently renovated and is occupied by stable, long-term tenants. Located in a high-demand area with easy access to major highways, public transportation, and local amenities, this asset offers reliable passive income with strong upside potential.
Sol Castanos REALTY ONE GROUP LEGEND
$649,900
Amazing opportunity to house hack or invest in the heart of Paterson. This 3 family corner property comes with great opportunities, separate utilities, spacious apartments & 1 car driveway currently renting for 150$! Basement large enough to finish & add extra income. All tenants up to date & great generous taxes!
Othoniel Gomez REALTY ONE GROUP LEGEND
Source: Garden State MLS
MLS Number: 3960453
APN: 08-08604-0000-00014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.