955 Madison Ave # 3 Paterson, NJ $ 689,000
955 Madison Ave # 3
$ 689,000
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955 Madison Ave # 3

Paterson, NJ, 07501
$ 689,000
Bedrooms7 Baths3.0 Sq 3,506

Monthly Estimate*

$ 4,242

955 Madison Ave # 3, Paterson, NJ 07501 - Image 1
955 Madison Ave # 3, Paterson, NJ 07501 - Image 2
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955 Madison Ave # 3, Paterson, NJ 07501 - Image 8
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955 Madison Ave # 3, Paterson, NJ 07501 - Image 10
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955 Madison Ave # 3, Paterson, NJ 07501 - Image 12
955 Madison Ave # 3, Paterson, NJ 07501 - Image 13

Multi-Family Home for sale in Paterson, NJ

for $689,000 with 7 bedrooms and 3 full baths. This 3,506 square foot home was built in 1915 on a lot size of 0.08.

Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.

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Multi-Family Active

Price

$ 689,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 15,604

Style

3-Three Story

Lot Size

0.08

Year Built

1915

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4032600

Features
Interior
Interior Amenities Fire Extinguisher See Remarks Smoke Detector Tile Floors Vinyl-Linoleum Floors Wood Floors
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural See Remarks
Half Baths 0
Total Bedrooms 7
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General
Sewer Public Sewer
Heating 3 Units Radiators - Steam
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession ASAP
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 1
Architectural Style 3-Three Story
Exclusions Tenant and Personal Items
Year Built 1915
Garage Detached Garage
Township Paterson City
Unit Number 3
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 16
Full Baths 3
Status Active
Directions 21st Ave or Market St to Madison Ave
Open Parking Spaces 0
Number Of Units Total 3
Elementary School NUMBER 11
Tax Annual Amount 15604
Home Warranty Y/N No
Middle/Junior High School NUMBER 24
Drive Driveway-Shared
Standard Status Active
Tax Assessed Value 650500
Town # 2508
Tax Lot 35
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Exterior
Exterior Amenities Metal Fence Partially Fenced Sidewalk Thermal Windows/Doors
Lot Features Level Lot
Water Source Public Water
Exterior Description Aluminum Siding See Remarks Vinyl Siding
Building Area Total 3506
Lot Dimensions 37X100
Lot Size Acres 0.08
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* Excluded Features
List By
ISMAEL MEDINA

Listing Agent

Buildings Realty Llc

Broker

imedina806@gmail.com

Email

Affordability Calculator

$5,543
Per Month
77%
23%
0%
Monthly Principal & Interest
$4,242
Monthly Property Taxes
$1,300
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
5491045 Elementary School
5491043 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$689,000 Listed Price

Map


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955 Madison Ave # 3, Paterson, NJ, 07501 is a Multi-Family Home for sale at $689,000 with 3,506 sqft and a lot size of 0.08. 955 Madison Ave # 3 has 7 bedrooms, 3.0 baths, and was built in 1915. The property's zip code is 07501 which is in Paterson, NJ