Attention Investors and First-Time Buyers! This legal 3-family house offers an excellent opportunity to generate rental income. Live in one unit and let the others help offset your expenses, or maximize its full investment potential. The 1st and 2nd floors each feature 3 bedrooms, while the 3rd floor offers a 1-bedroom unit. Recent updates include a newer roof (2022) and solar panels, which will be fully paid off by the seller and will be transferred to the new owner at closing. The property also features a full finished basement and separate utilities for each unit. Conveniently located near transportation, shopping, schools, and major conveniences. The 1st-floor unit will be delivered vacant at closing. No current leases are in place. Green Card will be provided by the seller. PROPERTY BEING SOLD IN AS-IS CONDITION
Active
$649,900
141 Park Ave, Paterson City, NJ 07501
7beds
--sqft
Multi Family
Built in 1930
-- sqft lot
$676,100 Zestimate®
$--/sqft
$-- HOA
What's special
Full finished basementSolar panels
- 50 days |
- 257 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Pavic 973-684-1110,
Casa Real Property Group Llc
Source: GSMLS,MLS#: 4030406
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- 1 Unit, Natural Gas
Cooling
- See Remarks
Appliances
- Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street, None
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 101
Details
- Parcel number: 2508042120000000360000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1930
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Gas In Street
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $207,300
- Annual tax amount: $11,059
- Date on market: 5/27/2026
- Total actual rent: 2950
- Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$676,100
$642,000 - $710,000
$2,215/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Listed for sale | $649,900+155.9% |
Source:  NJMLS #26019465 Report a problem | ||
| 4/22/2004 | Sold | $254,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,562 +3.9% | $207,300 |
| 2024 | $10,164 +1.8% | $207,300 |
| 2023 | $9,986 +7.6% | $207,300 |
| 2022 | $9,279 | $207,300 |
| 2021 | $9,279 +10.8% | $207,300 |
| 2020 | $8,375 +8% | $207,300 +2.3% |
| 2019 | $7,757 +4.7% | $202,600 +13% |
| 2018 | $7,405 -9.2% | $179,300 +0.7% |
| 2017 | $8,157 +5.6% | $178,000 -5.3% |
| 2016 | $7,723 +2.5% | $188,000 |
| 2015 | $7,534 -8.4% | $188,000 -27.6% |
| 2014 | $8,227 -13.9% | $259,800 -13.3% |
| 2013 | $9,552 | $299,800 -21.1% |
| 2012 | $9,552 +18.3% | $379,800 |
| 2011 | $8,075 +10.1% | $379,800 |
| 2010 | $7,334 | $379,800 |
| 2009 | -- | $379,800 |
| 2008 | -- | $379,800 |
| 2007 | -- | $379,800 +2134.1% |
| 2006 | -- | $17,000 |
| 2005 | -- | $17,000 |
| 2003 | -- | $17,000 |
| 2002 | -- | $17,000 |
| 2001 | -- | $17,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sandy Hill
Nearby schools
GreatSchools rating
- NASchool 11 (Newcomers)Grades: 3-11Distance: 0.3 mi
- 1/10Eastside High SchoolGrades: 9-12Distance: 0.1 mi
- 4/10Roberto Clemente Elementary SchoolGrades: K-5Distance: 0.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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