Active

Price cut: $10K (6/16)

$539,000

70 Newark Ave, Paterson City, NJ 07503

4beds

1,500sqft

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Multi Family

Built in 1950

-- sqft lot

$-- Zestimate^®

$359/sqft

$-- HOA

What's special

Plenty of street parking

Knock knock! A great investment opportunity just opened up in the desirable South Paterson! Great for owner occupants and investors alike! This investment property offers a total of 4 Bedrooms and 3 Bathrooms. Each unit comes with it's own washer/dryer including the basement! All units can use some TLC however, it can be rented as is for quick rental income! Conveniently located minutes away from major highways such as Rt 80, Rt 46 and the Garden State Parkway! There are also tons of Bus stops within short distance! The Basement is unfinished with it's own washer/dryer as well as a full bathroom. Both units have separate utilities! There's plenty of Street Parking to choose from! Don't miss this opportunity! Schedule your own private tour asap!

46 days

271

12

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

2 Units, Natural Gas

Cooling

Wall Unit(s)

Appliances

Included: Dryer, Washer
Laundry: Laundry Room

Features

Bedrooms, Eat-in Kitchen, Living Room, Pantry, Eat-In Kitchen, Kitchen
Basement: Yes,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,500
Total interior livable area: 1,500 sqft

Property

Parking

Parking features: On Street, On-Street Parking
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2

Lot

Size: 1,742 Square Feet
Dimensions: 28 x 65

Details

Parcel number: 2508054060000000340000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1950

Utilities & green energy

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

Community & HOA

Location

Region: Paterson

Financial & listing details

Price per square foot: $359/sqft
Tax assessed value: $401,500
Annual tax amount: $7,719
Date on market: 5/28/2026
Total actual rent: 4300
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/16/2026	Price change	$539,000-1.8%$359/sqft
Source: GSMLS #4030659 Report a problem
5/28/2026	Listed for sale	$549,000$366/sqft
Source: GSMLS #4030659 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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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