125 Illinois Ave Paterson, NJ ^$ 600,000

125 Illinois Ave

^$ 600,000

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Recently Listed

125 Illinois Ave

Paterson, NJ, 07503

^$ 600,000

Bedrooms6 Baths3.0

Monthly Estimate*

^$ 3,694

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Multi-Family Home for sale in Paterson, NJ

for $600,000 with 6 bedrooms and 3 full baths. This home was built in 1700 on a lot size of 0.17.

Massive multifamily property offering incredible space, functionality, and value. Each unit features 3 bedrooms and 1 full bathroom, providing generous living layouts throughout. The property also includes an unfinished walkout basement, offering additional potential for customization or expansion. A rare 3-car detached garage adds even more convenience and versatility. Ideally located near major roadways, shopping, dining, and everyday amenities. An outstanding opportunity for strong rental income and long-term upside. Schedule your showing today!

Multi-Family Active

Price

^$ 600,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 15,866

Style

Lot Size

0.17

Year Built

1700

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4016447

Features

General

Sewer Public Sewer

Heating See Remarks

Cooling Window A/C(s)

Utilities Gas-Natural

Possession At the closing

Roof See Remarks

Garage Spaces 3

Architectural Style See Remarks

Year Built 1700

Garage Detached Garage

Township Paterson City

Tax Year 2025

Gross Income 0

County Passaic

Net Operating Income 0

Operating Expense 0

Total Rooms 6

Full Baths 3

Status Active

Directions Google Maps

Open Parking Spaces 6

Number Of Units Total 2

Tax Annual Amount 15866

Drive Driveway-Exclusive

Standard Status Active

Tax Assessed Value 670900

Town # 2508

Tax Lot 36

Interior

Basement Unfinished 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

Exterior

Water Source Public Water

Exterior Description Brick

Lot Dimensions L32 75X100

Lot Size Acres 0.17

* Excluded Features

List By

BRENDAN DASILVA

Listing Agent

Keller Williams - Nj Metro Group

Broker

offers@dasilvateamnj.com

Affordability Calculator

$5,016

Per Month

Monthly Principal & Interest: $3,694
Monthly Property Taxes: $1,322
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Paterson, NJ

Average List Price ^$663,652

Percent of Sale Price 11%

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
3/24/2026	$600,000		Listed Price

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125 Illinois Ave, Paterson, NJ, 07503 is a Multi-Family Home for sale at $600,000 with a lot size of 0.17. 125 Illinois Ave has 6 bedrooms, 3.0 baths, and was built in 1700. 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 6.25% 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.

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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125 Illinois Ave

Multi-Family Home for sale in Paterson, NJ

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