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Sold for $785,000
  • $785,000

    955-957 Madison Avenue, Paterson, NJ 07501

    7beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $724,400 Zestimate®
    $--/sqft
    $2,146 Estimated rent

    Home value

    $724,400

    $688,000 - $761,000

    $2,146/mo

    Zestimate® history
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    What's special

    Large unfinished basementThree new gas boilersMostly all newer windowsTwo newer kitchens
    Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ismael Medina 973-246-7040,

    Buildings Realty, LLC

    Bought with:

    Maileny Vidal

    HomeSmart First Advantage Realty

    Source: NJMLS,MLS#: 26019884MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Appliances
    • Laundry: None

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Details
    • Parcel number: 0808901000000035

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Paterson

    Financial & listing details

    • Tax assessed value: $292,500
    • Annual tax amount: $15,605
    • Date on market: 5/30/2026
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/7/2026Sold$785,000+13.9%
    Source: NJMLS #26019884 Report a problem
    6/29/2026Pending sale$689,000
    Source: NJMLS #26019884 Report a problem
    6/5/2026Listed for sale$689,000+170.2%
    Source: NJMLS #26019884 Report a problem
    3/21/2024Sold$255,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,653 +4%$292,500
    2024$14,091 +1.8%$292,500
    2023$13,840 +7.8%$292,500
    2022$12,842 $292,500
    2021$12,842 +10.9%$292,500
    2020$11,577 +7.6%$292,500 +2.2%
    2019$10,764 +4.9%$286,100 +12.4%
    2018$10,262 -9.5%$254,600 +0.8%
    2017$11,335 +5.8%$252,700 -5.4%
    2016$10,718 +5.2%$267,000
    2015$10,190 +5.8%$267,000 -25.8%
    2014$9,628 -1.9%$360,000
    2013$9,810 -24.7%$360,000 -10%
    2012$13,022 +18.7%$400,000 -24.2%
    2011$10,969 +10.4%$527,700
    2010$9,940 $527,700
    2009-- $527,700
    2008-- $527,700
    2007-- $527,700
    Find assessor info on the county website

    Neighborhood: People's Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $724,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $724,400