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    475 Park Ave Paterson, NJ 07504

    Sponsored
    For Sale
    $699,999

    3-Three Story, Multi-Family - Paterson City, NJ

    Lot size:
    0.08 Acres
    Days on Market:
    101
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 475 Park Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    11
    Bathrooms
    4
    Basement Y/N
    1
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating)

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Real Broker LLC

    Listing agent Eric Axelson (855) 450-0442

    Listing date Sep 27, 2025

    MLS# 3983237 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Multi-Family Home, 11 Bedrooms

    This is a three-family home featuring 11 bedrooms and 4 full bathrooms. The property includes a finished basement and living space. It is located in Paterson City, NJ. The lot size is 0.08 acres. This property is suitable for first-time homebuyers or investors seeking rental potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.14519
    Latitude
    40.91369

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    FAQs

    What type of property is this?
    Triplex - Three-family home with 11 bedrooms and strong rental potential.
    Where is this triplex located?
    The property is located at 475 Park Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: - Three-family home with strong rental potential.; - Boasting 11 bedrooms and 4 full bathrooms.; - Finished basement.
    (855) 450-0442
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    475 Park Ave Paterson, NJ 07504
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    Paterson, NJ 07504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    475 Park Ave Paterson, NJ 07504
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