Exceptional investment opportunity this well-maintained 5-unit apartment building plus basement. delivers stable income, strong rental demand, and long-term upside. The property features a balanced mix of spacious units, each offering comfortable layouts, good natural light, and reliable tenancy. Recent updates include new electrical panels, refreshed common areas, and low maintenance exterior enhancements. Convenient access to local shopping, transportation, parks, and major highways, making this an ideal location for consistent occupancy. the building presents additional value-add potential through increasing rents or developement.
Active
$1,179,000
54 17Th Ave, Paterson City, NJ 07501
16beds
--sqft
Multi Family
Built in 1950
-- sqft lot
$1,185,900 Zestimate®
$--/sqft
$-- HOA
What's special
Good natural lightComfortable layoutsLow maintenance exterior enhancementsSpacious unitsRefreshed common areas
- 59 days
- 109
- 4
Zillow last checked:
Listing updated:
Listed by:
Sammy Ibrahim 201-905-1114,
Tes Realty Group, Inc.
Source: GSMLS,MLS#: 4044694
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 7
- Full bathrooms: 7
Heating
- 1 Unit, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven - Gas, Refrigerator, Gas Water Heater
Features
- Bedrooms, Eat-in Kitchen, Living/Dining Room, Eat-In Kitchen
- Basement: Yes,Finished,Full
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 4
- Parking features: 2 Car Width
- Uncovered spaces: 4
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 5,227 Square Feet
- Dimensions: 50 x 103
Details
- Parcel number: 2508041060000000010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1950
Utilities & green energy
- Gas: Gas In Street
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Gas In Street
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
Location
- Region: Paterson
Financial & listing details
- Tax assessed value: $800,000
- Annual tax amount: $20,144
- Date on market: 8/4/2026
- Total actual rent: 8300
- Tenant pays: Electricity, Tenant Pays Electric
- Electric utility on property: Yes
Estimated market value
$1,185,900
$1.13M - $1.25M
$2,101/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $1,179,000+57.2% |
Source:  GSMLS #4044694 Report a problem | ||
| 3/6/2023 | Listing removed | -- |
Source: GSMLS #3813279 Report a problem | ||
| 3/6/2023 | Pending sale | $750,000 |
Source: GSMLS #3813279 Report a problem | ||
| 10/18/2022 | Listed for sale | $750,000 |
Source: GSMLS #3813279 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Sandy Hill
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