Property

Paterson City, NJ 07522 38-40 Redwood Ave # 4

Presented By: EXP REALTY, LLC; 973-943-9408
  • MLS# 3997452
  • 11/12/2025
  • Request Tour
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  • Beds • 15
  • Baths • 4

Home Details

Investment opportunity!This four units building is excellent for owner occupied or to expand an investor portfolio.First Fl left and right, two bedrooms units and the 3rd and 4th units are duplex with 6 bedrooms and 5 bedrooms.Separate utilities and an unfinished basement with a lot of potential.Located close to the park,houses of worship, school and public transportation.
Presented By: EXP REALTY, LLC; 973-943-9408

Interior Features for 38-40 Redwood Ave # 4

Bedrooms

Total Bedrooms15
Unit 1 Beds Total2
Unit 2 Beds Total5
Unit 3 Beds Total2
Unit 4 Beds Total6

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 4 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels1
Unit 4 Levels2
UnitType1TotalRent1600
UnitType2TotalRent2400
UnitType3TotalRent1600
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Smoke Detector
BasementUnfinished, Walkout
Fuel TypeGas-Natural

Other Rooms

Unit 4 Rooms9
Unit 2 Rooms9
Unit 1 Rooms4
Unit 3 Rooms4
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Room DescriptionAttic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 4 Room DescriptionAttic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room

General for 38-40 Redwood Ave # 4

Architectural StyleFourplex
Building #1
CoolingWindow A/C(s)
CountyPassaic
DirectionsUnion Ave or Totowa Ave to Redwood Ave
DriveSee Remarks
EasementUnknown
Farm AssessmentNo
Full Baths4
GarageOn-Street Parking, See Remarks
Gross Income
Heating4+ Units, Baseboard - Hotwater
Home Warranty Y/NNo
Net Operating Income
Number Of Units Total4
Open Parking Spaces
Operating Expense
Possession30-60 Days
RoofAsphalt Shingle
ServicesCable TV Available
SewerPublic Available
Standard StatusActive
StatusActive
Tax Annual Amount15707
Tax Assessed Value308300
Tax Lot41
Tax Year2024
Total Rooms25
Town #2508
TownshipPaterson City
Unit Number4
UtilitiesAll Underground, Electric, Gas In Street
Water HeaterGas
Year Built1940

Exterior for 38-40 Redwood Ave # 4

Exterior DescriptionVinyl Siding
Lot Dimensions45X100
Lot FeaturesLevel Lot
Lot Size Acres0.10
Water SourcePublic Water

Additional Details

Price History

Tina Torres

Broker/Owner
Price $859,000
MLS#3997452
List Date 11/12/2025
Property Type Multi-Family
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