Active

Price cut: $20K (10/9)

$429,000

580 Madison Ave, Paterson City, NJ 07514

4beds

--sqft

$3,401/mo

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Welcome to this two-family home, offering two bedrooms and one full bath on each level. The first floor features beautiful hardwood floors, while the second floor offers additional living space with an enclosed porch. The finished attic provides two separate rooms, offering excellent flexibility for a home office, guest space, storage, or additional living area. Enjoy the privacy of a fenced-in yard, perfect for outdoor entertaining or relaxing. A newer roof adds peace of mind, and the convenient location is close to transportation, making commuting a breeze. This is a great opportunity for an owner-occupant or investor!

10 days
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11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2.1
Full bathrooms: 2
1/2 bathrooms: 1

Heating

1 Unit, Radiators - Hot Water, Natural Gas

Appliances

Included: Range/Oven - Gas

Features

Bedrooms, Eat-in Kitchen, Living Room, Attic, Dining Room
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100
Features: Level

Details

Parcel number: 2508034020000000180000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Utilities & green energy

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

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector

Location

Region: Paterson

Financial & listing details

Tax assessed value: $348,900
Annual tax amount: $7,100
Date on market: 10/9/2026
Total actual rent: 0
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/9/2026	Price change	$429,000-4.5%
Source: GSMLS #4057980 Report a problem
9/8/2026	Listed for sale	$449,000
Source: NJMLS #26033875 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,781 +3.9%	$133,100
2024	$6,526 +1.8%	$133,100
2023	$6,411 +7.6%	$133,100
2022	$5,958	$133,100
2021	$5,958 +10.8%	$133,100
2020	$5,378 -3%	$133,100 +2.3%
2019	$5,546 +4.8%	$130,100 +1.5%
2018	$5,292 -9.3%	$128,200 +0.8%
2017	$5,832 +5.6%	$127,200 -5.4%
2016	$5,521 -25.4%	$134,400
2015	$7,398 -11.6%	$134,400 -47.3%
2014	$8,372 +9.1%	$255,100 -16.4%
2013	$7,673	$305,100
2012	$7,673 +18.3%	$305,100
2011	$6,486 +10.1%	$305,100
2010	$5,891	$305,100
2009	--	$305,100 -3.2%
2008	--	$315,100
2007	--	$315,100 +2058.2%
2006	--	$14,600
2005	--	$14,600
2004	--	$14,600
2003	--	$14,600
2002	--	$14,600
2001	--	$14,600