$800,000
SOLD MAY 23, 2025
-- Bed
-- Bath
3,055 Sq Ft
2 Acres

Recently Sold

$262 Per Sq Ft

63 Days on Market

About This Home

This home is located at 605 Madison Ave, Paterson, NJ 07514 and is currently priced at $800,000, approximately $261 per square foot. 605 Madison Ave is a home located in Passaic County with nearby schools including Edward W. Kilpatrick School of Discovery, Dale Avenue Elementary School, and Paterson School 6.

Last Agent to Sell the Property

Matthew Rowack

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 03/03/2025

EXP REALTY, LLC

Last Buyer's Agent

Matthew Rowack

EXP REALTY, LLC Brokerage Phone: 866-201-6210 Listed on: 03/03/2025

EXP REALTY, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Lot Details

0

Listing Details

  • County Name: Passaic
  • Street Number Display: 605
  • I D: 5341379
  • Modified: 2025-05-27
  • Number Images: 1
  • Attribution Contact: 866-201-6210
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 13, 2025
Sold by
Jcm Properties Xi Llc
Bought by
Jcm Xxiii Ellison Cv20 Llc and Cf Holdings 2023 Llc
Seller's Agent
Matthew Rowack
EXP REALTY, LLC
Buyer's Agent
Matthew Rowack
EXP REALTY, LLC
List Price
$775,000
Sold Price
$800,000
Premium/Discount to List
$25,000
3.23%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-94.36%

Purchase Details

Closed on
Nov 22, 2023
Sold by
Jcm Xxii Jmg Cv20 Llc
Bought by
Cf Holdings 2023 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2020
Sold by
Jcm Properties Xi Llc
Bought by
Jcm Xxiii Ellison Cv20 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,095,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2020
Sold by
Jcm Properties Xi Llc
Bought by
Jcm Xxii Jmg Cv20 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,095,000
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Similar Homes in Paterson, NJ

  • 235-237 Keen St, Paterson, NJ 07524

    $699,000

    • 6 Beds
    • 4 Baths
    • 235-237 Keen St
    • Paterson, NJ

    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

    Section Image
  • 235 Keen St Unit 237, Paterson, NJ 07524

    $699,000

    • 6 Beds
    • 4 Baths
    • 235 Keen St
    • Unit 237
    • Paterson, NJ

    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

    Section Image
  • 167 N 5th St, Paterson, NJ 07522

    $899,000

    • 6 Beds
    • 5 Baths
    • 167 N 5th St
    • Paterson, NJ

    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

    Section Image
  • 609 Madison Ave Unit 2, Paterson, NJ 07514

    $849,000

    • 6 Beds
    • 3.5 Baths
    • 609 Madison Ave
    • Unit 2
    • Paterson, NJ

    MIX USED MULTI- FAMILY.1ST FLOOR BODEGA WITH THE INVENTORY INCLUDED IN THE SALE.2ND FLOOR HAS 3 FULL BEDROOMS AND 2 FULL BATH.3RD FLOOR HAS 3 BEDROOMS AND FULL BATH. ALSO HAS A DRIVEWAY FOR 5 CARS. APARTMENTS ARE RENOVATED AND VERY WELL MAINTAIN.

    WILFRIDO PENA EXP REALTY, LLC

    Section Image
  • 343 Hamilton Ave, Paterson, NJ 07501

    $715,000

    • 6 Beds
    • 4.5 Baths
    • 343 Hamilton Ave
    • Paterson, NJ

    Great opportunity for investors or first-time buyers! This fully rented 2-family home offers two spacious 3 bedroom, 2 bathroom units both tenant-occupied and generating consistent rental income. Features include private parking and a garage for added convenience. Whether you're looking to expand your portfolio or live in one unit while collecting rent from the other, this property offers

    Yodelsy De La Cruz Coldwell Banker, Clifton

    Section Image
  • 676 E 24th St, Paterson, NJ 07504

    $748,999

    • 4 Beds
    • 2 Baths
    • 676 E 24th St
    • Paterson, NJ

    Fully Renovated 2-Family Gem in Paterson, NJ " Just 25 Mins from NYC! Welcome to this beautifully fully renovated 2-family home, completed in 2025 and move-in ready! Each unit offers 2 spacious bedrooms and 1 modern bathroom, featuring brand-new finishes, brand new kitchens, and stylish flooring throughout. For your convenience both units have washer and dryer hook up. This property also includes

    David Ciliento Modern Realty Group

    Section Image
  • 467 E 18th St Unit 469, Paterson, NJ 07514

    $685,000

    • 2 Beds
    • 4 Baths
    • 467 E 18th St
    • Unit 469
    • Paterson, NJ

    Investor Opportunity a€“ 2-Unit Property with Bonus Space! Don't miss this versatile and spacious 2-family home, perfect for investors or owner-occupants looking for rental income potential. Each unit features a well-balanced layout with 2 bedrooms, 2 full bathrooms, a living room, kitchen, and dining area. The second-floor unit offers expanded living space with access to a finished attic that

    Diana Diodonet Christie's International Real Estate Group-Franklin Lakes

    Section Image
  • 421-423 E 27th St, Paterson, NJ 07514

    $625,000

    • 4 Beds
    • 2.5 Baths
    • 421-423 E 27th St
    • Paterson, NJ

    CLEAN HOUSE WITH FINISHED BASEMENT. CLOSE TO RT 20. LARGE BACKYARD. AMPLE PARKING. SEPERATE UTILITIES.

    LINTON GAINES NICHOLAS REAL ESTATE AGENCY

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $800,000 Land Title
Deed $800,000 Land Title
Deed $349,000 Evident Title Agency
Interfamily Deed Transfer -- Os National Resware
Interfamily Deed Transfer -- Os National Resware
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $261,750 New Conventional
Previous Owner $6,095,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $775,000 -- --
Source: Garden State MLS

Tax History Compared to Growth

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 $5,187 $105,800 $7,500 $98,300
2023 $4,911 $105,800 $7,500 $98,300
2022 $4,911 $105,800 $7,500 $98,300
2021 $4,736 $105,800 $7,500 $98,300
2020 $4,417 $105,800 $7,500 $98,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3948584

Garden State MLS

APN: 08 03420-0000-00013-0000-C002