Rare opportunity in the heart of South Paterson. Endless Opportunities at this renovated two-family that sits on an oversized 50x100 corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly sets this property apart is the ability for future expansion or potential to build an additional structure, adding a unique layer of value rarely seen in this market (subject to buyer due diligence and municipal approvals).Recent upgrades include brand new siding, a brand new roof, brand new first-floor windows, and a newer furnace. The property features two units with separate living spaces, making it ideal for both investors and first-time owner-occupants. The finished basement adds additional usable space, while the lot size and corner positioning provide flexibility and long-term value. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, making this an extremely accessible and desirable location for both living and renting.
54 Bloomfield Ave, Paterson City NJ 07503-2428
Property City
Paterson City
Property Price
$749,000
Bedrooms
5
Year Built
1940
Tax Annual Amount
$10536
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.12
MLS Status
Active
MLS #
4023499
Yearly Tax Rate
5.335
Year Built (*numeric)
1940
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
5
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
GarageSpaces
2
Heating
2 Units, See Remarks
Lot Size Dimensions
50X100
Data import from
GSMLS