605 Madison Paterson, NJ ^$ 775,000

605 Madison

^$ 775,000

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605 Madison

Paterson, NJ, 07514

^$ 775,000

Bedrooms10 Baths3.0

Monthly Estimate*

^$ 4,835

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Multi-Family Home for sale in Paterson, NJ

for $775,000 with 10 bedrooms and 3 full baths.

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, backyard, and street parking.

Multi-Family Pending

Price

^$ 775,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 14,336

Style

3 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

25005800

Features

General

Utilities See Remarks

Architectural Style 3 Family

Rooms None

County PASSAIC

Property Type 2-4 Family

HOA N

Total Rooms 0

Full Baths 3

Status Under Contract - Under Contract

City Paterson

Disclosures Seller's Agent

Year Built Details 1970's Build Prior to 1978

Tax Annual Amount 14336.0

Lease Considered Y/N N

Standard Status Pending

Property Sub Type Additional Other

Interior

Heating Y/N N

Half Baths 0

Total Bedrooms 10

Total Baths 3

* Excluded Features

Affordability Calculator

$6,030

Per Month

Monthly Principal & Interest: $4,835
Monthly Property Taxes: $1,195
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Paterson, NJ

Average List Price ^$649,837

Percent of Sale Price 16%

About Paterson, NJ

148,635 Population

0% Since 2002

^$36,191 Median Income

34.64 Median Age

37% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

843640 Elementary School

843641 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/26/2025	$775,000		Listed Price

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605 Madison, Paterson, NJ, 07514 is a Multi-Family Home for sale at $775,000. 605 Madison has 10 bedrooms and 3.0 baths. The property's zip code is 07514 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 12/11/2025.

Source: New Jersey Multiple Listing Service, Inc.

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605 Madison

Multi-Family Home for sale in Paterson, NJ

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