395 Madison Avenue Paterson, NJ $ 689,900
395 Madison Avenue
$ 689,900
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395 Madison Avenue

Paterson, NJ, 07524
$ 689,900
Bedrooms7 Baths4.0

Monthly Estimate*

$ 4,248

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Multi-Family Home for sale in Paterson, NJ

for $689,900 with 7 bedrooms and 4 full baths.

Attention Investors and First-Time Buyers! Don't miss this incredible opportunity to own a legal 3-unit property and live virtually rent-free while generating rental income. This well-maintained property features all separate utilities, a finished basement, and spacious apartments with 3 bedrooms on the first and second floors. The third-floor apartment offers 1 bedroom, providing additional rental potential. The first-floor unit is vacant, making it ideal for an owner-occupant or immediate rental. Additional highlights include a large backyard, a roof that is only 2 years old, and a convenient location close to shopping, public transportation, schools, and major highways. Excellent investment opportunity with strong income potential. Easy to show! NUMBER OF HOUSE IS 393

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Multi-Family Active

Price

$ 689,900

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,406

Style

3 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26023186

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Architectural Style 3 Family
Rooms None
County PASSAIC
Property Type 2-4 Family
HOA N
Total Rooms 13
Full Baths 4
Status Active - Active
City Paterson
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1940's Build Prior to 1978
Tax Annual Amount 11406.0
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Basement
Total Bedrooms 7
Total Baths 4
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* Excluded Features

Affordability Calculator

$5,198
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$951
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
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2026$689,900 Listed Price

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395 Madison Avenue, Paterson, NJ, 07524 is a Multi-Family Home for sale at $689,900. 395 Madison Avenue has 7 bedrooms and 4.0 baths. The property's zip code is 07524 which is in Paterson, NJ