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38-40 Redwood Ave # 4 Paterson, NJ $ 859,000
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$ 859,000 Get more info
38-40 Redwood Ave # 4
$ 859,000
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38-40 Redwood Ave # 4

Paterson, NJ, 07522
$ 859,000
Bedrooms15 Baths4.0

Monthly Estimate*

$ 5,359

38-40 Redwood Ave # 4, Paterson, NJ 07522 - Image 1

Multi-Family Home for sale in Paterson, NJ

for $859,000 with 15 bedrooms and 4 full baths. This home was built in 1940 on a lot size of 0.1.

Investment opportunity!This four units building is excellent for owner occupied or to expand an investor portfolio.First Fl left and right, two bedrooms units and the 3rd and 4th units are duplex with 6 bedrooms and 5 bedrooms.Separate utilities and an unfinished basement with a lot of potential.Located close to the park,houses of worship, school and public transportation.

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Multi-Family Active

Price

$ 859,000

Bedrooms

15

Full Bath

4

Property Type

Multi-Family

Taxes

$ 15,707

Style

Fourplex

Lot Size

0.1

Year Built

1940

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3997452
Features
General
Sewer Public Available
Heating 4+ Units Baseboard - Hotwater
Cooling Window A/C(s)
Utilities All Underground Electric Gas In Street
Possession 30-60 Days
Roof Asphalt Shingle
Water Heater Gas
Architectural Style Fourplex
Year Built 1940
Garage On-Street Parking See Remarks
Township Paterson City
Unit Number 4
Tax Year 2024
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 25
Full Baths 4
Status Active
Directions Union Ave or Totowa Ave to Redwood Ave
Open Parking Spaces 0
Number Of Units Total 4
Tax Annual Amount 15707
Home Warranty Y/N No
Drive See Remarks
Standard Status Active
Tax Assessed Value 308300
Town # 2508
Tax Lot 41
Farm Assessment No
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Interior
Basement Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 5
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 6
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 15
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 45X100
Lot Size Acres 0.10
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* Excluded Features
List By
VICTOR CASTILLO

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$6,668
Per Month
80%
20%
0%
Monthly Principal & Interest
$5,359
Monthly Property Taxes
$1,309
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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/12/2025$859,000 Listed Price

Map

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38-40 Redwood Ave # 4, Paterson, NJ, 07522 is a Multi-Family Home for sale at $859,000 with a lot size of 0.1. 38-40 Redwood Ave # 4 has 15 bedrooms, 4.0 baths, and was built in 1940. The property's zip code is 07522 which is in Paterson, NJ

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