For Multi Family

475 Park Ave,Paterson City, NJ 07504-1879

September 3, 2025

Welcome this massive three-family home to the market. This spacious property offers 11 bedrooms and 4 full bathrooms, making it a rare find in today’s market. With a finished basement and plenty of living space, this home is perfect for first-time homebuyers looking to grow into their space or for savvy investors seeking strong rental potential. Don’t miss the opportunity to own a large home with endless possibilities in a prime Paterson location!

Property ID:PT-1359364-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 699,999 $

Bedrooms:11

Year Built:1900

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 33X100

Lot Identifier: 11

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Finished, Full

Acreage: 0.08

Total Baths: 4.00

Unit Style: 3-Three Story

Number of Units: 3

Rooms: 17

Easement/Desc: No

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: At Closing

Unit 1 Appliances/Equipment: CarbMDet,CookGas,SmokeDet

Unit 1 Levels: 1

Unit 1 Rooms: 6

Unit 1 Beds: 4

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 SqFt: 1300

Unit 1 Rent: 2000

Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 1 Security Deposit: 2000

Unit 2 Appliances/Equipment: CarbMDet,CookGas,SmokeDet

Unit 2 Levels: 1

Unit 2 Rooms: 6

Unit 2 Beds: 4

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 2 Handicap: No

Unit 2 SqFt: 1300

Unit 2 Rent: 1750

Unit 2 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 2 Security Deposit: 1750

Unit 3 Appliances/Equipment: CarbMDet,CookGas,SmokeDet

Unit 3 Levels: 1

Unit 3 Rooms: 5

Unit 3 Beds: 3

Unit 3 Baths: 1.0

Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat

Unit 3 Handicap: No

Unit 3 SqFt: 1100

Unit 3 Rent: 1100

Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Living Room

Unit 3 Security Deposit: 1100

Garage Description: None

Block Identifier: 8603

County Number: 25

Town Number: 2508

YB/Desc: 1900 - Unknown

Easement: No

Parking/Driveway Description: None, On-Street Parking

Block Identifier: 8603

County Number: 25

Town Number: 2508

Possession: At Closing

Taxes, Fees & Assessments

Warranty: No

Tax ID For Property: 2508-08603-0000-00011-0000-

Tax Amount: $15,279.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2024

Farm Assessment: No

Land Assessment: $45,900.00

Building Assessment: $254,000.00

Total Assessment: $299,900.00

FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural

Heat System: Baseboard - Hotwater

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Gas-Natural

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Listing Details

475 Park Ave,Paterson City, NJ 07504-1879

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