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Sold for $697,000
  • $697,000

    77 Madison Ave, Paterson, NJ 07524

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $697,200 Zestimate®
    $--/sqft
    $2,510 Estimated rent

    Home value

    $697,200

    $627,000 - $774,000

    $2,510/mo

    Zestimate® history
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    What's special

    New kitchensFully renovatedFresh interiorsNew appliancesRefreshed exterior
    Turnkey 2-family on the Hawthorne border — fully renovated and ready to generate income from day one! Low property taxes give this asset an immediate edge on cash flow compared to surrounding markets. Both units are completely updated inside and out — new kitchens, new appliances, fresh interiors, and a refreshed exterior — zero cap-ex needed. Central A/C and hot forced air heat throughout, a premium amenity that commands top-of-market rents. Basement features two separate laundry hook-up sets with finishing potential to add further value. Strong rental demand and a desirable border location make this a cash-flow-ready performer. Add it to your portfolio with confidence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Felix Mendez 201-981-2530,

    The Agency One Rock-HoHoKus-Ridgewood East

    Bought with:

    Felix Mendez

    The Agency One Rock-HoHoKus-Ridgewood East

    Source: NJMLS,MLS#: 26018428MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Laundry: In Basement

    Property

    Details
    • Parcel number: 0802312000000020

    Construction

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

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected, Sep Heat

    Community & HOA

    Location
    • Region: Paterson

    Financial & listing details

    • Tax assessed value: $157,400
    • Annual tax amount: $8,400
    • Date on market: 5/19/2026
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    7/30/2026Sold$697,000-0.3%
    Source: NJMLS #26018428 Report a problem
    7/8/2026Pending sale$699,000
    Source: NJMLS #26018428 Report a problem
    5/27/2026Listed for sale$699,000
    Source: NJMLS #26018428 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,020 +3.9%$157,400
    2024$7,717 +1.8%$157,400
    2023$7,582 +7.6%$157,400
    2022$7,045 $157,400
    2021$7,045 +10.8%$157,400
    2020$6,358 -3.1%$157,400 +2.3%
    2019$6,558 +4.8%$153,800 +1.5%
    2018$6,257 -9.1%$151,600 +0.8%
    2017$6,886 +5.6%$150,400 -5.2%
    2016$6,519 -33.8%$158,700
    2015$9,846 +5.7%$158,700 -53.3%
    2014$9,316 +9.1%$339,500
    2012$8,538 +18.3%$339,500
    2011$7,218 +10.1%$339,500
    2010$6,556 $339,500
    2009-- $339,500
    2008-- $339,500
    2007-- $339,500
    Find assessor info on the county website

    Neighborhood: Riverside

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.