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Active
    • $799,000

    523 Park Ave, Paterson City, NJ 07504

    10beds
    4,500sqft
    : 
    $5,955/mo
    Get pre-qualified
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $178/sqft
    $-- HOA

    What's special

    Prominent corner propertyTwo spacious residential unitsHighly visible corner lot
    Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. A rare opportunity to acquire a prominent corner property with substantial upside in one of Paterson's most desirable locations. Property being sold strictly as-is.
    37 days
    |
    201
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Domingo Mendez 973-510-2260,

    Realty Empire, Llc

    Source: GSMLS,MLS#: 4036074MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • 2 Units, Electric, Natural Gas
      Appliances
      • Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
      Features
      • See Remarks, Bedrooms, Eat-In Kitchen, Living/Dining Room
      • Basement: Yes,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,500
      • Total interior livable area: 4,500 sqft

      Property

      Parking
      • Parking features: On Street, On-Street Parking
      • Has uncovered spaces: Yes
      Features
      • Levels: 3-Three Story
      • Stories: 3
      • Exterior features: Sidewalk
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 25 x 71
      • Features: Corner Lot, Level
      Details
      • Parcel number: 2508086050000000100000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Composition Shingle
      Condition
      • Year built: 1940
      • Major remodel year: 2025

      Utilities & green energy

      • Gas: Gas In Street
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities, Gas In Street

      Community & HOA

      Community
      • Security: Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
      Location
      • Region: Paterson

      Financial & listing details

      • Price per square foot: $178/sqft
      • Tax assessed value: $687,000
      • Annual tax amount: $4,972
      • Date on market: 6/22/2026
      • Total actual rent: 0

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Listed for sale$799,000-9.2%$178/sqft
        Source: GSMLS #4036074 Report a problem
        4/30/2026Listing removed$879,900$196/sqft
        Source: GSMLS #3996244 Report a problem
        11/5/2025Listed for sale$879,900+33.3%$196/sqft
        Source: GSMLS #3996244 Report a problem
        7/2/2025Sold$660,000+32.3%$147/sqft
        Source: GSMLS #3947476 Report a problem
        3/20/2025Pending sale$499,000$111/sqft
        Source: GSMLS #3947476 Report a problem
        2/25/2025Listed for sale$499,000-9.1%$111/sqft
        Source: GSMLS #3947476 Report a problem
        10/2/2021Listing removed--
        Source: New Jersey Multiple Listing Service, Inc Report a problem
        7/13/2021Listed for sale$549,000+83.1%$122/sqft
        Source: New Jersey Multiple Listing Service, Inc #21028318 Report a problem
        8/29/2013Listing removed$299,900$67/sqft
        Source: Nicholas Real Estate Agency #2930554 Report a problem
        7/18/2013Listed for sale$299,900$67/sqft
        Source: Nicholas Real Estate Agency #2930554 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: Eastside

        Getting around

        72 / 100
        Very Walkable
        46 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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