70 Newark Ave Paterson, NJ ^$ 549,000

70 Newark Ave

^$ 549,000

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Recently Listed

Open House 5/30 12pm - 3pm

70 Newark Ave

Paterson, NJ, 07503

^$ 549,000

Bedrooms4 Baths3.0

Monthly Estimate*

^$ 3,380

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Multi-Family Home for sale in Paterson, NJ

for $549,000 with 4 bedrooms and 3 full baths. This home was built in 1950 on a lot size of 0.04.

Knock knock! A great investment opportunity just opened up in the desirable South Paterson! Great for owner occupants and investors alike! This investment property offers a total of 4 Bedrooms and 3 Bathrooms. Each unit comes with it's own washer/dryer including the basement! All units can use some TLC however, it can be rented as is for quick rental income! Conveniently located minutes away from major highways such as Rt 80, Rt 46 and the Garden State Parkway! There are also tons of Bus stops within short distance! The Basement is unfinished with it's own washer/dryer as well as a full bathroom. Both units have separate utilities! There's plenty of Street Parking to choose from! Don't miss this opportunity! Schedule your own private tour asap!

Open House

5/30/2026 12:00 PM - 3:00 PM

5/31/2026 12:00 PM - 3:00 PM

70 Newark 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

^$ 549,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,719

Style

2-Two Story

Lot Size

0.04

Year Built

1950

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4030659

Features

General

Sewer Public Sewer

Heating 2 Units

Cooling Wall A/C Unit(s)

Utilities Gas-Natural

Possession 0-30

Roof Asphalt Shingle

Garage Spaces 0

Architectural Style 2-Two Story

Year Built 1950

Garage On-Street Parking

Township Paterson City

Tax Year 2025

Gross Income 51600

County Passaic

Net Operating Income 0

Operating Expense 0

Total Rooms 13

Full Baths 3

Status Active

Directions Pacific to Newark ave

Open Parking Spaces 0

Number Of Units Total 2

Tax Annual Amount 7719

Drive On-Street Parking

Standard Status Active

Tax Assessed Value 401500

Town # 2508

Tax Lot 34

Interior

Basement Full Unfinished

Unit 1 Baths Total 2.0

Unit 1 Beds Total 2

Unit 2 Baths Total 1.0

Unit 2 Beds Total 2

Fuel Type Gas-Natural

Half Baths 0

Total Bedrooms 4

Exterior

Water Source Public Water

Exterior Description Aluminum Siding

Lot Dimensions 28X65

Lot Size Acres 0.04

* Excluded Features

List By

AHMED A. ALI

Listing Agent

Terrie O'connor Realtors

Broker

aali@tocr.com

Affordability Calculator

$4,024

Per Month

Monthly Principal & Interest: $3,380
Monthly Property Taxes: $643
Monthly Home Insurance: --

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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 ^$661,753

Percent of Sale Price 21%

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
5/28/2026	$549,000		Listed Price

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70 Newark Ave, Paterson, NJ, 07503 is a Multi-Family Home for sale at $549,000 with a lot size of 0.04. 70 Newark Ave has 4 bedrooms, 3.0 baths, and was built in 1950. 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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70 Newark Ave

Multi-Family Home for sale in Paterson, NJ

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