Looking for a 5-bedroom 3-family home in Paterson with flexible living space and convenient access to local amenities? This multifamily property features three separate living levels, a finished basement with additional bonus space, and a backyard, with shopping, schools, houses of worship, Hinchliffe Stadium, and Paterson Great Falls National Historical Park nearby.The first floor offers 2 bedrooms, a living room, kitchen, and full bath. The second floor also features 2 bedrooms, a living room, kitchen, and full bath, along with an additional bonus room that provides extra flexibility. The third floor includes 1 bedroom, a living room, kitchen, and full bath. Additional finished space can be found in the basement, which includes another bonus room and full bath.
Active
$639,000
124 Albion Ave, Paterson City, NJ 07502
5beds
--sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Three separate living levels
- 32 days
- 288
- 9
Zillow last checked:
Listing updated:
Listed by:
Johnny Rodriguez 973-390-7319,
Realty One Group Legend
Source: GSMLS,MLS#: 4058532
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Baseboard - Electric, Electric, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Refrigerator, Range/Oven - Electric
Features
- Bedrooms, Kitchen, Living Room
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 99
Details
- Parcel number: 2508009080000000390000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1950
- Major remodel year: 2024
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), Fire Alarm, Smoke Detector(s), Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $437,100
- Annual tax amount: $10,131
- Date on market: 10/13/2026
- Total actual rent: 2482
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $639,000-5.9% |
Source:  GSMLS #4058532 Report a problem | ||
| 10/12/2026 | Listing removed | $679,000 |
Source: GSMLS #4054080 Report a problem | ||
| 9/21/2026 | Listed for sale | $679,000+188.9% |
Source:  NJMLS #26035869 Report a problem | ||
| 10/21/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/23/2023 | Price change | $1,600-5.9% |
Source: Zillow Rentals Report a problem | ||
| 8/31/2023 | Listed for rent | $1,700 |
Source: Zillow Rentals Report a problem | ||
| 9/2/2020 | Sold | $235,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,675 +3.9% | $189,900 |
| 2024 | $9,311 +1.8% | $189,900 |
| 2023 | $9,147 +7.6% | $189,900 |
| 2022 | $8,500 | $189,900 |
| 2021 | $8,500 -0.2% | $189,900 |
| 2020 | $8,516 +6.9% | $189,900 -7.8% |
| 2019 | $7,964 +4.8% | $206,000 +11.9% |
| 2018 | $7,596 -3.3% | $184,100 +0.8% |
| 2017 | $7,858 +5.6% | $182,600 +0.8% |
| 2016 | $7,440 -20.6% | $181,100 |
| 2015 | $9,364 +5.7% | $181,100 -43.9% |
| 2014 | $8,860 +9.1% | $322,900 |
| 2013 | $8,121 | $322,900 |
| 2012 | $8,121 +18.3% | $322,900 |
| 2011 | $6,865 +10.1% | $322,900 |
| 2010 | $6,235 | $322,900 |
| 2009 | -- | $322,900 |
| 2008 | -- | $322,900 |
| 2007 | -- | $322,900 +1799.4% |
| 2006 | -- | $17,000 |
| 2005 | -- | $17,000 |
| 2004 | -- | $17,000 |
| 2003 | -- | $17,000 |
| 2002 | -- | $17,000 |
| 2001 | -- | $17,000 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: Totowa
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