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$575,000 - 494-496 Park Ave, Paterson City

7
Bedrooms
4
Baths
2,256
SQ. Feet
0.07
Acres

Calling all investors and first time homebuyers. This versatile 2 Family home is a fantastic investment opportunity in a great neighborhood. The property comprises 2 apartments the First Floor unit has 5 rooms with two bedrooms eat-in kitchen living room and a full bath. The 2nd unit is comprised of the 2nd and 3rd floors and has 3 large bedrooms one with large closet and private bathroom. Formal living room, dining room, kitchen, and bathroom. Third Floor has an additional 2 comfortable bedrooms, family room area and full bathroom. Ideally located just a short distance from train & bus stops, commuting is a breeze, and no car is necessary. Additionally, there are separate utilities. On-street parking is permitted and is easy to find. Whether looking for a prime rental income property or a convenient urban lifestyle, this home offers all of that and more.

Essential Information

  • MLS® #:
    3975030
  • Price:
    $575,000
  • Bedrooms:
    7
  • Bathrooms:
    4.00
  • Full Baths:
    4
  • Square Footage:
    2,256
  • Acres:
    0.07
  • Year Built:
    1941
  • Type:
    Multi Family
  • Style:
    ThreStry
  • Status:
    Active

Community Information

  • Address:
    494-496 Park Ave
  • City:
    Paterson City
  • County:
    Passaic
  • State:
    NJ
  • Zip Code:
    07504-1534

Amenities

  • Utilities:
    Electric, Gas-Natural
  • Parking:
    On-Street Parking
  • Garages:
    On-Street Parking

Interior

  • Interior Features:
    Tile Floors, Vinyl-Linoleum Floors, Carpeting
  • Heating:
    Gas-Natural

Exterior

  • Exterior:
    Aluminum Siding, Vinyl Siding
  • Exterior Features:
    Deck, Metal Fence, Patio, Sidewalk
  • Roof:
    Asphalt Shingle

Additional Information

  • Date Listed:
    July 13th, 2025
  • Days on Market:
    65

Listing Details

  • Listing Office:
    Elite Real Estate Group

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Listing information last updated on September 16th, 2025 at 6:04pm EDT.