1028 Madison Avenue Paterson, NJ ^$ 635,000

1028 Madison Avenue

^$ 635,000

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1028 Madison Avenue

Paterson, NJ, 07501

^$ 635,000

Bedrooms5 Baths4.0

Monthly Estimate*

^$ 4,386

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Multi-Family Home for sale in Paterson, NJ

for $635,000 with 5 bedrooms and 4 full baths.

ATTENTION ALL INVESTORS! Welcome to this excellent 2-family house offering great investment potential. Features include a finished attic and finished basement, with all separate utilities. Ideally located close to major highways and public transportation, making this property convenient for commuters and tenants alike. Property is being sold in AS-IS condition. Don't miss this great opportunity!

Multi-Family Active

Price

^$ 635,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,533

Style

2 Family

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

26032514

Features

General

County PASSAIC

Property Type 2-4 Family

Status Active - Active

City Paterson

Disclosures Seller's Agent

Standard Status Active

Utilities Natural Gas Connected Water Connected Sep Heat

Tax Annual Amount 9533

Total Rooms 11

Full Baths 4

Year Built Details 1940's Build Prior to 1978

Architectural Style 2 Family

Garage Spaces 0

Interior

Half Baths 0

Total Bedrooms 5

Total Baths 4

Laundry Features None

* Excluded Features

Affordability Calculator

$5,180

Per Month

Monthly Principal & Interest: $4,386
Monthly Property Taxes: $794
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 7.375% 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 ^$650,786

Percent of Sale Price 2%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/28/2026	$635,000	-2.29%	Price Down
8/28/2026	$649,900		Listed Price

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1028 Madison Avenue, Paterson, NJ, 07501 is a Multi-Family Home for sale at $635,000. 1028 Madison Avenue has 5 bedrooms and 4.0 baths. The property's zip code is 07501 which is in Paterson, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 10/14/2026.

Source: New Jersey Multiple Listing Service, Inc.

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1028 Madison Avenue

Multi-Family Home for sale in Paterson, NJ

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