51 Ryle Ave
Paterson City, NJ 07522
Price: $499,900
GSMLS: 4041521Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1950
Acres: 0.06
Property Tax: $5,505
Description
BONUS COMMERCIAL LOT! Minutes from NYC transit and access to all major highways. This two family has the income producing potential you're looking for. Home is situated on a double lot with dedicated driveway and commercial designation. Perfect for development for transportation or food truck business. Tenants are month to month and easy to show.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Flat
Exterior:
Aluminum Siding
Lot Size:
25X112
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Additional Parking
Spaces Available:
10
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
See Remarks
Utilities:
Owner Pays Water, 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:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, 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:
$499,900
Tax Amount:
$5,505
Land Assessment:
$82,600
Build. Assessment:
$182,300
Total Assessment:
$264,900
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4041521
List Date:
07-17-2026
Days On Market:
1
Listing Broker:
REALTY ONE GROUP LEGEND
Listing Agent:
Yanet Iturralde Santana
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
