1 Park Pl Paterson, NJ $ 529,999
1 Park Pl
$ 529,999
Recently Listed
Open House 7/11 12pm - 3pm
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1 Park Pl

Paterson, NJ, 07524
$ 529,999
Bedrooms5 Baths3.0

Monthly Estimate*

$ 3,346

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Multi-Family Home for sale in Paterson, NJ

for $529,999 with 5 bedrooms and 3 full baths. This home was built in 1940 on a lot size of 0.05.

Great opportunity to own a well-maintained two-family home in Paterson! Ideal for investors seeking rental income or first-time homebuyers looking to live in one unit while generating income from the other. Conveniently located near schools, shopping, and public transportation. Don't miss this excellent investment opportunity!

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Open House

7/11/2026 12:00 PM - 3:00 PM
7/12/2026 12:00 PM - 3:00 PM
1 Park Pl Paterson, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 529,999

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,900

Style

2-Two Story

Lot Size

0.05

Year Built

1940

Town/City

Paterson

County/Region

Passaic

MLS | Web ID

4040039

Features
General
Sewer Public Sewer
Heating Forced Hot Air
Cooling None
Utilities Gas-Natural
Possession 0-30
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 1940
Township Paterson City
Tax Year 2025
Gross Income 0
County Passaic
Net Operating Income 0
Operating Expense 0
Total Rooms 9
Full Baths 3
Status Active
Directions Highland to Park Place
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 5900
Drive None
Standard Status Active
Tax Assessed Value 365100
Town # 2508
Tax Lot 1
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 2.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 5
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X80
Lot Size Acres 0.05
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* Excluded Features
List By
LIDIA REYES

Listing Agent

Prestige Property Group Montclair

Broker

Affordability Calculator

$3,838
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,346
Monthly Property Taxes
$492
Monthly 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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2026$529,999 Listed Price

Map


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1 Park Pl, Paterson, NJ, 07524 is a Multi-Family Home for sale at $529,999 with a lot size of 0.05. 1 Park Pl has 5 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 07524 which is in Paterson, NJ