7 Montclair Ave Paterson, NJ ^$ 899,000

7 Montclair Ave

^$ 899,000

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Recently Listed New Construction

Open House 12/6 1pm - 3pm

7 Montclair Ave

Paterson, NJ, 07503

^$ 899,000

Bedrooms6 Baths5.0

Monthly Estimate*

^$ 5,609

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Multi-Family Home for sale in Paterson, NJ

for $899,000 with 6 bedrooms and 5 full baths. This home was built in 2025 on a lot size of 0.06.

Introducing this brand-new luxury 2-family home in South Paterson, offering a total of 6 bedrooms and 5 full bathrooms, including two identical units each featuring 3 bedrooms, 2 full baths, a spacious living room, dining room, and a private primary suite with its own bath, plus a ground-level studio with a full bathroom ideal for guests or rental income. This newly constructed property boasts modern finishes, an attached garage, and an unbeatable location just steps from local restaurants, the library, shops, and NYC buses perfect for those seeking comfort, convenience, and exceptional investment potential .Enjoy a low $3,000/year property tax rate under a 5-year tax abatement, making this an opportunity you don?t want to miss.

Open House

12/6/2025 1:00 PM - 3:00 PM

12/7/2025 1:00 PM - 3:00 PM

7 Montclair Ave Paterson, NJ

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 899,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

3-Three Story

Lot Size

0.06

Year Built

2025

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

3999917

Features

Interior

Interior Amenities Carbon Monoxide Detector Fire Alarm Sys Fire Extinguisher Walk-In Closet

Basement Full Slab Walkout

Unit 1 Baths Total 2.0

Unit 1 Beds Total 3

Unit 2 Baths Total 2.0

Unit 2 Beds Total 3

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 6

General

Sewer Public Sewer

Heating 2 Units Forced Hot Air

Cooling 2 Units Central Air

Utilities Electric Gas-Natural

Possession closing

Roof Asphalt Shingle

Water Heater Gas

Garage Spaces 2

Architectural Style 3-Three Story

Year Built 2025

Garage Attached Garage

Township Paterson City

Tax Year 2024

Gross Income 0

County Passaic

Net Operating Income 0

Operating Expense 0

Subdivision Name South Paterson

Total Rooms 8

Full Baths 5

Status Active

Directions Hazel St OR Main St to Montclair Ave

Open Parking Spaces 2

Number Of Units Total 2

Elementary School NUMBER 28

Tax Annual Amount 0

Drive 2 Car Width

Standard Status Active

Tax Assessed Value 28700

Town # 2508

Tax Lot 15.02

Farm Assessment No

Exterior

Lot Features Level Lot

Water Source Public Water

Exterior Description Vinyl Siding

Lot Dimensions 25X100 SUB(15)INC

Lot Size Acres 0.06

* Excluded Features

List By

MAHMOUD IJBARA

Listing Agent

Gild Realty

Broker

mahmoud@gildrealty.com

Affordability Calculator

$5,609

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Monthly Principal & Interest: $5,609
Monthly Property Taxes: --
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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 29%

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.

5353241 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$899,000		Listed Price

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7 Montclair Ave, Paterson, NJ, 07503 is a Multi-Family Home for sale at $899,000 with a lot size of 0.06. 7 Montclair Ave has 6 bedrooms, 5.0 baths, and was built in 2025. The property's zip code is 07503 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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7 Montclair Ave

Multi-Family Home for sale in Paterson, NJ

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