262 Union Avenue Paterson, NJ $ 680,000
262 Union Avenue
$ 680,000
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262 Union Avenue

Paterson, NJ, 07502
$ 680,000
Bedrooms7 Baths4.0

Monthly Estimate*

$ 4,242

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Multi-Family Home for sale in Paterson, NJ

for $680,000 with 7 bedrooms and 4 full baths. This home was built in 1980.

Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio.

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Multi-Family Pending

Price

$ 680,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,425

Style

3 Family

Year Built

1980

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

25037481

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 2.0
Architectural Style 3 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 12
Full Baths 4
Status Under Contract - Under Contract
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1980's
Tax Annual Amount 12425.0
Lease Considered Y/N N
Standard Status Pending
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Interior
Heating Y/N N
Half Baths 0
Laundry Features Hook Ups
Total Bedrooms 7
Total Baths 4
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* Excluded Features

Affordability Calculator

$5,278
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,242
Monthly Property Taxes
$1,035
Monthly 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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$680,000 Listed Price

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262 Union Avenue, Paterson, NJ, 07502 is a Multi-Family Home for sale at $680,000. 262 Union Avenue has 7 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 07502 which is in Paterson, NJ