Active

$950,000

120 Madison St, Paterson City, NJ 07501

6beds

2,690sqft

$7,466/mo

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Multi Family

Built in 2026

-- sqft lot

$960,000 Zestimate^®

$353/sqft

$-- HOA

What's special

High ceilingsStylish layoutSpacious residenceGenerously sized bedrooms

Discover the opportunity to own a brand-new home thoughtfully designed with modern comfort and everyday living in mind. This spacious residence will feature high ceilings, generously sized bedrooms, and a stylish layout that offers both functionality and a comfortable contemporary feel.Conveniently located near shopping, schools, major highways, and public transportation.Additional highlights include a 5-year tax abatement and a 10-year builder warranty, providing added value and peace of mind.If you've been considering a new construction home, this is an opportunity worth exploring.

16 days
195
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4.1
Full bathrooms: 4
1/2 bathrooms: 1

Heating

2 Units, Forced Air, Electric

Cooling

Central Air

Appliances

Laundry: Laundry Room

Features

Bedrooms, Eat-in Kitchen, Kitchen, Living/Dining Room, Master Bedroom, Eat-In Kitchen
Basement: None
Has fireplace: No

Interior area

Total structure area: 2,690
Total interior livable area: 2,690 sqft

Property

Parking

Total spaces: 2
Parking features: 1 Car Width, Additional 1/2 Car Garage
Garage spaces: 2
Uncovered spaces: 1

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 2508061110000000110000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Vertical Siding
Roof: Asphalt Shingle

Condition

Under Construction
New construction: Yes
Year built: 2026

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector

Location

Region: Paterson

Financial & listing details

Price per square foot: $353/sqft
Tax assessed value: $258,600
Annual tax amount: $2,000
Date on market: 9/17/2026
Total actual rent: 0
Electric utility on property: Yes

Estimated market value

$960,000

$912,000 - $1.01M

$1,939/mo

Price history

Date	Event	Price
9/17/2026	Listed for sale	$950,000+313%$353/sqft
Source: GSMLS #4053340 Report a problem
3/11/2026	Sold	$230,000-16.4%$86/sqft
Source: NJMLS #25035299 Report a problem
3/2/2026	Pending sale	$275,000$102/sqft
Source: NJMLS #25035299 Report a problem
2/6/2026	Contingent	$275,000$102/sqft
Source: EXIT Realty broker feed #3990953 Report a problem
2/5/2026	Pending sale	$275,000$102/sqft
Source: GSMLS #3990953 Report a problem
10/6/2025	Listed for sale	$275,000+37.6%$102/sqft
Source: NJMLS #25035299 Report a problem
12/21/2024	Listing removed	$199,900-16.7%$74/sqft
Source: NJMLS #23009784 Report a problem
7/3/2023	Sold	$240,000+20.1%$89/sqft
Source: GSMLS #3836787 Report a problem
4/24/2023	Pending sale	$199,900$74/sqft
Source: NJMLS #23009784 Report a problem
4/5/2023	Listed for sale	$199,900+5.3%$74/sqft
Source: GSMLS #3836787 Report a problem
11/22/2022	Listing removed	--
Source: Owner Report a problem
10/30/2022	Pending sale	$189,900$71/sqft
Source: Owner Report a problem
10/19/2022	Price change	$189,900+2.6%$71/sqft
Source: Owner Report a problem
10/11/2022	Listed for sale	$185,000+4.9%$69/sqft
Source: Owner Report a problem
11/6/2009	Sold	$176,286+6.8%$66/sqft
Source: Public Record Report a problem
2/22/2006	Sold	$165,000+200%$61/sqft
Source: Public Record Report a problem
1/22/2004	Sold	$55,000$20/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,070 +3.9%	$99,500
2024	$4,878 +1.8%	$99,500
2023	$4,793 +7.6%	$99,500
2022	$4,454	$99,500
2021	$4,454 +10.6%	$99,500
2020	$4,027 -3%	$99,500 +2.2%
2019	$4,153 +4.8%	$97,400 +1.5%
2018	$3,964 -9.3%	$96,000 +0.7%
2017	$4,369 +5.6%	$95,300 -5.4%
2016	$4,137 +5.7%	$100,700
2015	$3,915 +5.7%	$100,700 -25.4%
2014	$3,704 -19.2%	$135,000
2012	$4,585 +9.3%	$135,000 -25.9%
2011	$4,195 +10.1%	$182,300 -7.6%
2010	$3,810	$197,300
2009	--	$197,300
2008	--	$197,300
2007	--	$197,300 +1797.1%
2001	--	$10,400