Under contract

$689,900

395 Madison Ave, Paterson, NJ 07524

7beds

--sqft

$5,142/mo

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Finished basementLarge backyard

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! NUMBER OF HOUSE IS 393

34 days

178

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Appliances

Laundry: In Basement

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected, Sep Heat

Community & HOA

Location

Region: Paterson

Financial & listing details

Annual tax amount: $11,406
Date on market: 6/20/2026
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/14/2026	Pending sale	$689,900
Source: NJMLS #26023186 Report a problem
6/20/2026	Listed for sale	$689,900+345.4%
Source: NJMLS #26023186 Report a problem
7/18/2013	Listing removed	$154,900
Source: Coldwell Banker Residential Brokerage - Wayne Office #2984039 Report a problem
6/15/2013	Listed for sale	$154,900-11.4%
Source: Coldwell Banker Residential Brokerage - Wayne Office #2984039 Report a problem
4/19/2013	Listing removed	$174,900
Source: Coldwell Banker Residential Brokerage - Wayne Office #2984039 Report a problem
3/12/2013	Listed for sale	$174,900-30%
Source: Coldwell Banker Residential Brokerage - Wayne Office #2984039 Report a problem
3/2/2011	Listing removed	$249,900
Source: CENTURY 21 Casa Real Properties #GS2804709 Report a problem
10/16/2010	Listed for sale	$249,900
Source: CENTURY 21 Casa Real Properties #GS2804709 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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