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Under contract
    • $775,000

    605 Madison Ave, Paterson, NJ 07514

    10beds
    --sqft
    : 
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    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Calling All Investors! 3 Family Home in Paterson, NJ! Unit 1 and Unit 2 Occupied each currently on a $3200 monthly lease. Larger 4 bed unit is Vacant. Huge potential for Monthly income/cashflow. Welcome to 605 Madison Ave featuring a total of 10 bedrooms and 5 bathrooms. Unit 1: 3 beds, 2 baths, Central A/C. Unit 2: 3 beds, 2 baths, Central A/C. Unit 3: 4 beds, 1 bath. Full unfinished basement, backyard, and street parking.
    506 days
    |
    25
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Rowack 732-789-8300,

    EXP Realty, LLC

    Source: NJMLS,MLS#: 25005800MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 3
      • Full bathrooms: 3

      Property

      Details
      • Parcel number: 0803420000000013

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family

      Utilities & green energy

      • Utilities for property: See Remarks

      Community & HOA

      Location
      • Region: Paterson

      Financial & listing details

      • Tax assessed value: $248,200
      • Annual tax amount: $14,336
      • Date on market: 2/26/2025
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        12/23/2025Contingent$775,000-3.1%
        Source: eXp Realty #25005800 Report a problem
        5/5/2025Pending sale$800,000
        Source: GSMLS #3948584 Report a problem
        4/5/2025Price change$800,000+3.2%
        Source: GSMLS #3948584 Report a problem
        2/26/2025Listed for sale$775,000+10.9%
        Source: NJMLS #25005800 Report a problem
        10/16/2023Listing removed--
        Source: GSMLS #3864926 Report a problem
        9/15/2023Price change$699,000+100.3%
        Source: GSMLS #3864926 Report a problem
        8/10/2023Listed for sale$349,000
        Source: NJMLS #23024866 Report a problem
        1/14/2021Listing removed--
        Source: GSMLS Report a problem
        12/31/2020Pending sale$349,000
        Source: GSMLS #3558609 Report a problem
        12/31/2020Listing removed--
        Source: GSMLS Report a problem
        6/27/2019Pending sale$349,000
        Source: GOYBURU REALTY, LLC #3558609 Report a problem
        6/1/2019Price change$349,000-6.9%
        Source: GOYBURU REALTY, LLC #3558609 Report a problem
        5/20/2019Listed for sale$375,000+1604.5%
        Source: GOYBURU REALTY, LLC #3558609 Report a problem
        1/29/2015Sold$22,000-74.1%
        Source: Agent Provided Report a problem
        1/15/2015Price change$85,000+241.4%
        Source: RE/MAX Executive Group #1501622 Report a problem
        12/7/2014Listed for sale$24,900
        Source: Nicholas Real Estate #3138968 Report a problem
        10/23/2014Pending sale$24,900
        Source: Nicholas Real Estate #3138968 Report a problem
        10/23/2014Listed for sale$24,900+3.8%
        Source: Nicholas Real Estate #3138968 Report a problem
        5/1/2014Listing removed$24,000
        Source: Century 211 Casa Real Properties #3085595 Report a problem
        10/9/2013Listed for sale$24,000
        Source: Century 211 Casa Real Properties #3085595 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019$9,253 +12.9%$248,200 +16%
        2018$8,199 -27.7%$213,900 +8.5%
        2017$11,333 +151.3%$197,100 -24.5%
        2016$4,511 -59.8%$261,200 +137.9%
        2015$11,223 +5.7%$109,800 -71.6%
        2014$10,619 +9.1%$387,000
        2012$9,733 +18.3%$387,000
        2011$8,228 +10.1%$387,000
        2010$7,473 $387,000
        2009-- $387,000
        2008-- $387,000
        2007-- $387,000 +2514.9%
        2006-- $14,800
        2005-- $14,800
        2004-- $14,800
        2003-- $14,800
        2002-- $14,800
        2001-- $14,800
        Find assessor info on the county website

        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

        86 / 100
        Very Walkable
        49 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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