1028 Madison Ave
Paterson City, NJ 07501
Price: $649,900
GSMLS: 4049336Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 5
Baths: 4 Full
Garage: No
Year Built: 1930
Acres: 0.06
Property Tax: $9,533
Description
ATTENTION ALL INVESTORS! Welcome to this excellent 2-family house offering great investment potential. Features include a finished attic and finished basement, with all separate utilities. Ideally located close to major highways and public transportation, making this property convenient for commuters and tenants alike. Property is being sold in AS-IS condition. Don't miss this great opportunity!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
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:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
2
Room Description:
Attic, Kitchen
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
No
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:
Gas In Street
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:
$649,900
Tax Amount:
$9,533
Land Assessment:
$105,800
Build. Assessment:
$315,200
Total Assessment:
$421,000
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4049336
List Date:
08-28-2026
Days On Market:
1
Listing Broker:
CASA REAL PROPERTY GROUP LLC
Listing Agent:
Nancy Pavic
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
