955 Madison Ave, Paterson City NJ 07501-3638

Property City
Paterson City
Property Price
$689,000
Bedrooms
7
Year Built
1915
Tax Annual Amount
$15604
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.08
MLS Status
Active
MLS #
4032600

Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.

Yearly Tax Rate
5.335
Year Built (*numeric)
1915
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
14
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
GarageSpaces
1
Heating
3 Units, Radiators - Steam
Lot Size Dimensions
37X100
Property Location

40.90822, -74.15698

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Units: Miles
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buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762