493-497 Union Ave Paterson, NJ ^$ 899,000

493-497 Union Ave

^$ 899,000

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Recently Listed

493-497 Union Ave

Paterson, NJ, 07522

^$ 899,000

Studio Baths0.0

Monthly Estimate*

^$ 5,676

493-497 Union Ave, Paterson, NJ 07522 - Image 1

493-497 Union Ave, Paterson, NJ 07522 - Image 2

493-497 Union Ave, Paterson, NJ 07522 - Image 3

Studio

Lots and Land for sale in Paterson, NJ

for $899,000. The lot size is 0.29.

Great opportunity for this 12500 SQFT vacant lot in High Visibility location.Currently utilized for parking, this property is situated within the R-3 Zone, presenting potential redevelopment opportunities and tax abatement programs. Utility hook up in street. Convenient Access to Major Highways, Transportation, Shopping & Restaurants.

Lots and Land Active

Price

^$ 899,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 25,000

Style

Lot Size

0.29

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4037267

Features

General

Possession AT CLOSING

Township Paterson City

Tax Year 2025

Location See Remarks

County Passaic

Status Active

Directions UNION AVE / MARION AVE

Tax Annual Amount 25000

Standard Status Active

Tax Assessed Value 1112500

Town # 2508

Tax Lot 19

Exterior

Lot Dimensions 12500

Lot Size Acres 0.29

* Excluded Features

List By

NICHOLAS TSELEPIS

Listing Agent

Nicholas Real Estate Agency

Broker

Niko@Nicholasrealestate.com

Affordability Calculator

$7,760

Per Month

Monthly Principal & Interest: $5,676
Monthly Property Taxes: $2,083
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Lots and land listings in Paterson, NJ

Average List Price ^$1,145,273

Percent of Sale Price 27%

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
6/26/2026	$899,000		Listed Price

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493-497 Union Ave, Paterson, NJ, 07522 is a Lots and Land for sale at $899,000 with a lot size of 0.29. 493-497 Union Ave is a studio with 0.0 baths. The property's zip code is 07522 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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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493-497 Union Ave

Lots and Land for sale in Paterson, NJ

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