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955 Madison Ave , #3

Paterson City, NJ 07501
  • $689,000
  • STATUS: Active Under Contract
  • ON SITE: 35 Days
  • MLS #: 4032600
UPDATED: 113 min ago
$689,000
  • 7
    BEDS
  • 0.08
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,506
    SQFT
  • $197
    $/SQFT
Type:
Multi-Family
Built:
1915
County:

School Information

Elementary School:
Middle School:

Description

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.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-10T23:49:09.837.
www.pickpina.com/homes/177335556
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955 Madison Ave , #3 Paterson City, NJ 07501

  • Price: $689,000
  • Status: Active Under Contract
  • On Site: 35 Days
  • Updated: 113 min ago
  • MLS #: 4032600
7
Beds
3
Baths
0
½ Baths
0.08
Acres
3,506
SQFT
$197
$/SQFT
1915
Built
County:
Passaic
Area:
Paterson City
Elementary School:
Number 11
Middle School:
Number 24
Property Description
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.
Exterior Features

Approximate Lot Size 37X100 Color Of Building Yellow/Brw Exterior Description Aluminum SidingSee RemarksVinyl Siding Exterior Features Metal FencePartially FencedSidewalkThermal Windows/Doors Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 0 Parking Driveway Description Driveway-Shared Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(s) Heating 3 UnitsRadiators - Steam Interior Features Fire ExtinguisherSee RemarksSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 6 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving RoomPorch Unit1 Rooms 6 Unit1 Security Deposit 2600 Unit1 Sq Ft 1400 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenLiving RoomPorch Unit2 Rooms 6 Unit2 Sq Ft 1400 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsEat-In KitchenLiving Room Unit3 Rooms 4 Unit3 Sq Ft 0

Property Features

Assessment Total 650500 Building Assessment 536900 Building Number 2 Easement Unknown Easement Description Shared Drivew Exclusions Tenant and Personal Items Fha Age Restricted No Fuel Type Gas-NaturalSee Remarks Gross Operating Income 0 Home Warranty No Land Assessment 113600 Net Operating Income 0 Services Cable TV AvailableFiber Optic Available Sewer Public Sewer Tax Amount 15604 Tax Rate Amount 5.335 Tax Rate Year 2025 Tax Year 2025 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Lease Expiration 2026-11-30 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2600 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 0 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 0 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description ApproximateUnknown

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-246-7040.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Pina Nazario, Coldwell Banker Residential Brokerage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Pina Nazario, Coldwell Banker Residential Brokerage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-07-10T23:49:09.837.
 
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