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Under contract
$765,000

80 Newark Ave, Paterson City, NJ 07503

7beds
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Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA

What's special

Don't miss the opportunity to own this well-maintained, income-producing multi-unit property located at 80 Newark Ave, Paterson, NJ 07513. Ideally situated near major highways, public transportation, shopping centers, restaurants, and local amenities, this property offers outstanding convenience.Renovated approximately 15 years ago, the property has been consistently cared for and offers spacious layouts in each unit featuring hardwood floors, granite countertops, wood cabinetry, and central air conditioning features that help attract and retain long-term occupants. The thoughtfully designed floor plans provide comfortable and functional living spaces, making this an excellent option for rental income or owner occupancy.The finished basement significantly enhances the usable square footage and includes a sitting/recreation room, full bathroom, and laundry area, offering flexible use such as recreation space, home office, or additional storage.Outdoor living truly sets this property apart. The fully fenced yard with a durable metal fence, mature landscaping, and vibrant flowers creates a private retreat ideal for entertaining or quiet relaxation.This property presents a strong investment opportunity with low maintenance, modern systems, and desirable amenities. A rare chance to own a move-in ready multi-family property in a convenient Paterson location.
129 days
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28
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0
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Zillow last checked:

Listing updated:

Listed by:

Luis Daniel Montes De Oca 201-997-4425,

Exit Golden Realty Group Llc

Source: GSMLS,MLS#: 4010668MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range/Oven - Gas
    Features
    • Bedrooms, Kitchen, Living/Dining Room
    • Basement: Yes,Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: 1 Car Width, None
    • Uncovered spaces: 1
    Features
    • Levels: 3-Three Story
    • Stories: 3
    Lot
    • Size: 2,613 Square Feet
    • Dimensions: 25 x 100
    • Features: Corner Lot
    Details
    • Parcel number: 2508054050000000310000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Composition Shingle
    Condition
    • Year built: 1940

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Paterson

    Financial & listing details

    • Tax assessed value: $353,400
    • Annual tax amount: $18,005
    • Date on market: 2/28/2026
    • Total actual rent: 0
    • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
    • Electric utility on property: Yes

      Estimated market value

      Not available

      Estimated sales range

      Not available

      Not available

      Price history

      DateEventPrice
      3/16/2026Pending sale$765,000
      Source: GSMLS #4010668 Report a problem
      2/20/2026Listed for sale$765,000+22.4%
      Source: NJMLS #26001389 Report a problem
      12/28/2021Sold$625,000+4.2%
      Source: GSMLS #3748062 Report a problem
      10/23/2021Price change$599,900-4.8%
      Source: New Jersey Multiple Listing Service, Inc #21042408 Report a problem
      8/16/2021Pending sale$629,900
      Source: Owner Report a problem
      7/31/2021Listed for sale$629,900
      Source: Owner Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2025$18,006 +3.9%$353,400
      2024$17,327 +1.8%$353,400
      2023$17,023 +7.6%$353,400
      2022$15,818 $353,400
      2021$15,818 +10.8%$353,400
      2020$14,271 +6.6%$353,400 +2.4%
      2019$13,385 +4.8%$345,200 +11.6%
      2018$12,771 -9.2%$309,400 +0.8%
      2017$14,067 +5.6%$307,000 -5.3%
      2016$13,318 +40.7%$324,200
      2015$9,469 -15.1%$324,200 -0.7%
      2014$11,154 +9.1%$326,500 -19.7%
      2013$10,224 -18.1%$406,500
      2012$12,487 +18.3%$406,500 -18.1%
      2011$10,556 +10.1%$496,500
      2010$9,587 $496,500
      2009-- $496,500
      2008-- $496,500
      2007-- $496,500 +1725.4%
      2006-- $27,200
      2005-- $27,200
      2004-- $27,200
      2003-- $27,200
      2002-- $27,200
      2001-- $27,200

      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.
      See how much you could borrow to make a competitive offer.

      Climate risks

      Neighborhood: South Paterson

      Getting around

      88 / 100
      Very Walkable
      51 / 100
      Good Transit
      46 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

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