Under contract

$849,900

49 Paulison Ave, Passaic City, NJ 07055

8beds

4,279sqft

$6,300/mo

Get pre-qualified

Multi Family

Built in 1901

-- sqft lot

$-- Zestimate^®

$199/sqft

$-- HOA

What's special

This spacious two-family property features two legal 4-bedroom, 1-bath units, providing an impressive 8 bedrooms of existing living space. The property also offers a full basement and a walk-up third floor, creating significant potential for additional living area, expansion, or future income opportunities. With substantial square footage and a 40 x 125 lot, this property offers investors, owner-occupants, and savvy buyers the opportunity to maximize the existing space and explore additional value. The third floor and basement may offer potential for additional units or uses, subject to municipal approvals, zoning and all applicable requirements. Buyer is responsible for conducting their own due diligence regarding zoning, use, permits, occupancy, utilities and any proposed renovations or expansion. A property with this much existing space and potential is a rare opportunity to create substantial value

41 days
94
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard - Hotwater, Natural Gas

Appliances

Included: See Remarks

Features

Bedrooms, Dining Room, Eat-in Kitchen, Kitchen, Living Room, Eat-In Kitchen, Family Room
Basement: Yes,Partially Finished,Full
Has fireplace: No

Interior area

Total structure area: 4,279
Total interior livable area: 4,279 sqft

Property

Parking

Parking features: On Street

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 4,791 Square Feet
Dimensions: 40 x 125

Details

Parcel number: 2507032110000000440000
Zoning description: R-2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Shingle
Roof: Asphalt Shingle

Condition

Year built: 1901

Utilities & green energy

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

Community & HOA

Community

Subdivision: None

Location

Region: Passaic

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $374,800
Annual tax amount: $15,958
Date on market: 9/30/2026
Exclusions: NONE
Total actual rent: 2001
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/9/2026	Pending sale	$849,900$199/sqft
Source: GSMLS #4055367 Report a problem
9/30/2026	Listed for sale	$849,900+232%$199/sqft
Source: GSMLS #4055367 Report a problem
11/28/2001	Sold	$256,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,453 +3%	$374,800
2024	$15,007	$374,800
2023	$15,007 +3.9%	$374,800
2022	$14,437 +2.4%	$374,800
2021	$14,092 +2.3%	$374,800
2020	$13,781 +2.2%	$374,800
2019	$13,485 +3.2%	$374,800
2018	$13,069 +3.5%	$374,800
2017	$12,623 -9.1%	$374,800
2016	$13,881 +1.9%	$374,800 +104.5%
2015	$13,627 +1.7%	$183,300
2014	$13,405 +2.9%	$183,300
2013	$13,027 +3.1%	$183,300
2012	$12,631 +0.6%	$183,300
2011	$12,551 +12.2%	$183,300
2010	$11,187	$183,300
2009	--	$183,300
2008	--	$183,300
2007	--	$183,300
2006	--	$183,300
2005	--	$183,300
2004	--	$183,300
2003	--	$183,300
2002	--	$183,300
2001	--	$183,300