311 12Th Ave Paterson, NJ ^$ 550,000

311 12Th Ave

^$ 550,000

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311 12Th Ave

Paterson, NJ, 07514

^$ 550,000

Bedrooms7 Baths2.0

Monthly Estimate*

^$ 3,431

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Multi-Family Home for sale in Paterson, NJ

for $550,000 with 7 bedrooms and 2 full baths. This home was built in 1900 on a lot size of 0.04.

Excellent Investment opportunity in paterson! Welcome to 311 12th Ave- a solid multi family Property perfect for investors or owner occupants seeking cash flow and long term potential. This well maintained property features 2 spacious units just over 1,100 square feet. 1st floor consists of 3 bedrooms while the second floor consists of 4 bedrooms. Located near schools, public transportation and major highways, this Property offers both convenience and accessibility for tenants. Both units are occupied by long term tenants since before the Property was purchased. There's a generous sized driveway in the back of the property. Seller is motivated.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 8,080

Style

2-Two Story

Lot Size

0.04

Year Built

1900

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3978216

Features

General

Sewer Public Sewer

Heating Baseboard - Hotwater Forced Hot Air

Cooling Wall A/C Unit(s)

Utilities All Underground

Possession at closing

Roof Flat

Architectural Style 2-Two Story

Exclusions personal property

Year Built 1900

Township Paterson City

Tax Year 2024

Gross Income 46200

County Passaic

Net Operating Income 0

Operating Expense 0

Total Rooms 11

Full Baths 2

Status Active

Directions see maps

Open Parking Spaces 3

Number Of Units Total 2

Tax Annual Amount 8080

Drive Driveway-Exclusive

Standard Status Active

Tax Assessed Value 158600

Town # 2508

Tax Lot 18

Interior

Basement Bilco-Style Door Unfinished

Unit 1 Baths Total 1.0

Unit 1 Beds Total 3

Unit 2 Baths Total 0.0

Unit 2 Beds Total 4

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 7

Exterior

Water Source Public Water

Exterior Description Brick

Lot Dimensions 25X72

Lot Size Acres 0.04

* Excluded Features

List By

IVETTELIS CASTRO

Listing Agent

Real

Broker

Affordability Calculator

$4,105

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $673
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$637,552

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.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/9/2025	$550,000	-5.98%	Price Down
9/5/2025	$585,000	-6.40%	Price Down
7/29/2025	$624,999		Listed Price

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311 12Th Ave, Paterson, NJ, 07514 is a Multi-Family Home for sale at $550,000 with a lot size of 0.04. 311 12Th Ave has 7 bedrooms, 2.0 baths, and was built in 1900. 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 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.

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.

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311 12Th Ave

Multi-Family Home for sale in Paterson, NJ

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