Under contract

$399,000

83 Madison St, Paterson City, NJ 07501

10beds

--sqft

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Walk-out basementsBonus units

Bankruptcy Sale. This property consists of two buildings with bonus units. Both buildings have walk-out basements. The sale for this and other properties is taking place on October 22nd at the Wyndham Garden Totowa, featuring five multi-family and mixed-use properties in Paterson. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. BUILDING OCCUPIED. DO NOT APPROACH TENANTS.

277 days

6

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6
Full bathrooms: 6

Heating

See Remarks, Electric, Natural Gas

Cooling

See Remarks

Appliances

Included: See Remarks

Features

See Remarks
Basement: Yes,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 0

Property

Parking

Parking features: On Street, See Remarks

Lot

Size: 4,791 Square Feet
Dimensions: 50 x 100

Details

Parcel number: 2508061090000000200000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

See Remarks
Roof: Asphalt Shingle

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: $362,800
Annual tax amount: $18,484
Date on market: 9/27/2025
Total actual rent: 7000
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

$2,369/mo

Price history

Date	Event	Price
10/23/2025	Pending sale	$399,000
Source: GSMLS #3989414 Report a problem
9/27/2025	Listed for sale	$399,000
Source: GSMLS #3989414 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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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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