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Under contract
    • $689,000

    955 Madison Ave #3, Paterson City, NJ 07501

    7beds
    3,506sqft
    : 
    $5,136/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $197/sqft
    $-- HOA

    What's special

    Large unfinished basementThree new gas boilersMostly all newer windowsTwo newer kitchensSeparate utilities
    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.
    61 days
    |
    30
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ismael Medina 973-246-7040,

    Buildings Realty Llc

    Source: GSMLS,MLS#: 4032600MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • 3 Units, Radiators - Steam, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range/Oven - Gas, Gas Water Heater
      Features
      • See Remarks, Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Eat-In Kitchen
      • Flooring: Tile, Vinyl-Linoleum Floors, Wood
      • Windows: Thermal Windows/Doors
      • Basement: Yes,Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,506
      • Total interior livable area: 3,506 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Shared Driveway, Detached Garage
      • Garage spaces: 1
      Features
      • Levels: 3-Three Story
      • Stories: 3
      • Patio & porch: Porch
      • Exterior features: Sidewalk
      • Fencing: Metal Fence,Partial
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 37 x 100
      • Features: Level
      Details
      • Parcel number: 2508089010000000350000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding, See Remarks, Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1915

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available, Fiber Optic Available

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher
      Location
      • Region: Paterson

      Financial & listing details

      • Price per square foot: $197/sqft
      • Tax assessed value: $650,500
      • Annual tax amount: $15,604
      • Date on market: 6/5/2026
      • Exclusions: Tenant and Personal Items
      • Total actual rent: 2600
      • 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
        7/9/2026Pending sale$689,000$197/sqft
        Source: GSMLS #4032600 Report a problem
        6/5/2026Listed for sale$689,000$197/sqft
        Source: GSMLS #4032600 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: People's Park

        Getting around

        82 / 100
        Very Walkable
        55 / 100
        Good Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Number 11
        • Middle: Number 24

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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