1 Park Pl
Paterson City, NJ 07524
Price: $529,999
GSMLS: 4040039Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: No
Year Built: 1940
Acres: 0.05
Property Tax: $5,900
Description
Open House Today 12PM–3PM.
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!General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X80
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Attic, Bedrooms, Kitchen, Living/Dining Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$529,999
Tax Amount:
$5,900
Land Assessment:
$124,000
Build. Assessment:
$241,100
Total Assessment:
$365,100
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4040039
List Date:
07-08-2026
Days On Market:
4
Listing Broker:
PRESTIGE PROPERTY GROUP MONTCLAIR
Listing Agent:
Lidia Reyes
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
