393 Madison Ave # 3 Paterson, NJ $ 689,900
393 Madison Ave # 3
$ 689,900
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393 Madison Ave # 3

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. This home was built in 1940 on a lot size of 0.07.

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! Please call the listing office to schedule all showings.

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Multi-Family Active

Price

$ 689,900

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 11,406

Style

3-Three Story

Lot Size

0.07

Year Built

1940

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4035798

Features
Interior
Interior Amenities Carbon Monoxide Detector
Basement Finished
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
Half Baths 0
Total Bedrooms 7
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General
Sewer Public Sewer
Heating 3 Units Radiators - Hot Water
Cooling 3 Units
Utilities Gas In Street
Possession 30-60
Roof Asphalt Shingle
Water Heater Gas
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1940
Garage None
Township Paterson City
Unit Number 3
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 13
Full Baths 4
Status Active
Directions GOOGLE MAPS
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 11406
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 501300
Town # 2508
Tax Lot 4
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 30X100
Lot Size Acres 0.07
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* Excluded Features
List By
NANCY PAVIC

Listing Agent

Casa Real Property Group Llc

Broker

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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/20/2026$689,900 Listed Price

Map


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393 Madison Ave # 3, Paterson, NJ, 07524 is a Multi-Family Home for sale at $689,900 with a lot size of 0.07. 393 Madison Ave # 3 has 7 bedrooms, 4.0 baths, and was built in 1940. The property's zip code is 07524 which is in Paterson, NJ