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550 River St Paterson, NJ $ 489,000
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$ 489,000 Get more info
550 River St
$ 489,000
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550 River St

Paterson, NJ, 07524
$ 489,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,011

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Multi-Family Home for sale in Paterson, NJ

for $489,000 with 5 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.06.

Welcome to this well-located multi-family property offering 5 bedrooms and 3 full bathrooms, plus a walk-up bonus third floor that adds versatility and strong investment potential. Great opportunity for investors or first time buyers. The first-floor unit features two bedrooms and one full bathroom. The second and third floors are combined into one spacious unit, offering generously sized bedrooms, multiple bathrooms, and ample living space for comfortable everyday living. The basement provides additional storage, and separate utilities add convenience for both units. Enjoy a private backyard, perfect for outdoor relaxation or entertaining.

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Multi-Family Active

Price

$ 489,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,129

Style

3-Three Story

Lot Size

0.06

Year Built

1900

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4014153
Features
General
Sewer Public Sewer
Heating Baseboard - Hotwater
Cooling Wall A/C Unit(s)
Utilities Gas-Natural
Possession 61-90
Roof Asphalt Shingle
Architectural Style 3-Three Story
Year Built 1900
Garage None
Township Paterson City
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 9
Full Baths 3
Status Active
Directions I-80 to Exit 58 (Market St/Paterson) continue to McLean Blvd (NJ-20) then turn onto River St to #550.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 6129
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 338500
Town # 2508
Tax Lot 14
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
PAMELA IPARRAGUIRRE

Listing Agent

3Sixty Realty Llc

Broker

pamela@realtyxpressgroup.com

Email

Affordability Calculator

$3,522
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,011
Monthly Property Taxes
$511
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/12/2026$489,000 Listed Price

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550 River St, Paterson, NJ, 07524 is a Multi-Family Home for sale at $489,000 with a lot size of 0.06. 550 River St has 5 bedrooms, 3.0 baths, and was built in 1900. The property's zip code is 07524 which is in Paterson, NJ

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