Property

Paterson City, NJ 07514 605 Madison Ave

Pending
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Presented By: EXP REALTY, LLC; 732-789-8300
  • MLS# 3948584
  • 03/03/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 5

Home Details

Calling All Investors! 3 Family Home in Paterson, NJ! Unit 1 and Unit 2 Occupied each currently on a $3200 monthly lease. Larger 4 bed unit is Vacant. Huge potential for Monthly income/cashflow. Welcome to 605 Madison Ave featuring a total of 10 bedrooms and 5 bathrooms. Unit 1: 3 beds, 2 baths, Central A/C. Unit 2: 3 beds, 2 baths, Central A/C. Unit 3: 4 beds, 1 bath. Full unfinished basement, backyard, and street parking.
Presented By: EXP REALTY, LLC; 732-789-8300

Interior Features for 605 Madison Ave

Bedrooms

Total Bedrooms10
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total4

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total2.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels0
Unit 2 Levels0
Unit 3 Levels0
UnitType1TotalRent3000
UnitType2TotalRent3000
UnitType3TotalRent0
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipSee Remarks
Unit 2 Appl/EquipSee Remarks
Unit 3 Appl/EquipSee Remarks
BasementFull
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms0
Unit 1 Rooms0
Unit 3 Rooms0
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room

General for 605 Madison Ave

Architectural StyleSee Remarks
CoolingCentral Air
CountyPassaic
DirectionsFrom Garden State Parkway N Follow to Madison Ave in Paterson. Take the Madison Ave Exit from I-80 E
DriveOn-Street Parking
EasementUnknown
Full Baths5
Gross Income
HeatingBaseboard - Hotwater, Forced Hot Air
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
PossessionAt Closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount14337
Tax Assessed Value0
Tax Lot13
Tax Year2024
Total Rooms0
Town #2508
TownshipPaterson City
UtilitiesGas-Natural
Year Built1970

Exterior for 605 Madison Ave

Exterior DescriptionAluminum Siding
Lot Dimensions0
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $800,000
MLS#3948584
List Date 03/03/2025
Property Type Pending
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