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$ 689,900
Est. payment /mo
Under Contract
393 Madison Ave Paterson City, NJ 07524
7 Beds
4 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 4035798
Style 3-Three Story
Bedrooms 7
Full Baths 4
Year Built 1940
Annual Tax Amount $11,406
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Attention Investors and First-Time Buyers! Don't miss this incredible opportunity to own a legal 3-unit property and live virtually rent-free while generating rental income. This well-maintained property features all separate utilities, a finished basement, and spacious apartments with 3 bedrooms on the first and second floors. The third-floor apartment offers 1 bedroom, providing additional rental potential. The first-floor unit is vacant, making it ideal for an owner-occupant or immediate rental. Additional highlights include a large backyard, a roof that is only 2 years old, and a convenient location close to shopping, public transportation, schools, and major highways. Excellent investment opportunity with strong income potential. Easy to show! Owner holds NJ Real Estate License
Location
State NJ
County Passaic
Rooms
Basement Finished
Interior
Interior Features Carbon Monoxide Detector
Heating Gas-Natural
Cooling 3 Units
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features None
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by CASA REAL PROPERTY GROUP LLC
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