RARE BUILDABLE DOUBLE LOT opportunity in the heart of South Paterson. This renovated 2-family sits on an oversized 50x100 double corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly separates this property from others on the market is the additional development potential, including the possibility to build another 2-family or expand the existing structure (subject to buyer due diligence and municipal approvals), creating long-term upside for both investors and owner-occupants.Recent upgrades include brand new siding, brand new roof, brand new first-floor windows, and a newer furnace. The property offers two separate living spaces plus a finished basement with additional usable space, making it ideal for rental income or future value-add potential.In South Paterson, parking and land are everything, and opportunities like this rarely hit the market. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, this property offers strong appeal for both homeowners and tenants alike. Whether you're looking for a move-in-ready investment or a property with future expansion potential, this is a rare opportunity you do not want to miss. Private showings available now.
44 days
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319
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22
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Zillow last checked:
Listing updated:
Listed by:
Hamza Hamdan973-798-4005,
The Hamdan Group
Source: GSMLS,MLS#: 4031670
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Heating
1 Unit, Natural Gas
Cooling
1 Unit, Ceiling Fan(s)
Appliances
Included: Microwave, Range/Oven - Gas, Refrigerator, Microwave Oven, Gas Water Heater
Features
Bedrooms, Kitchen, Living Room, See Remarks, Attic
Basement: Yes,Unfinished
Has fireplace: No
Interior area
Total structure area: 2,500
Total interior livable area: 2,500 sqft
Property
Parking
Total spaces: 4
Parking features: 2 Car Width, Asphalt, Detached Garage
Garage spaces: 2
Uncovered spaces: 4
Features
Levels: Two
Stories: 2
Lot
Size: 4,791 Square Feet
Dimensions: 50 x 100
Features: Corner Lot
Details
Parcel number: 2508068090000000010000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Vinyl Siding
Roof: Asphalt Shingle
Condition
Year built: 1940
Major remodel year: 2025
Utilities & green energy
Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
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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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