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    58 Park Ave Paterson, NJ 07501

    Pending
    For Sale
    $680,000

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

    Lot size:
    0.07 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 7 at 12:06 am

    Property Features for 58 Park Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry
    Bedrooms
    8
    Bathrooms
    4
    Basement Y/N
    1
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Other (Heating), Steam

    Building Details

    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Real Broker LLC

    Listing agent DAVID DELACRUZ (855) 450-0442

    Listing date Oct 23, 2025

    MLS# 3972714 Listing URL

    Copyright © 2025 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, Paterson City

    This well-maintained legal 2-family home in Paterson City, NJ, offers considerable potential. The property features 8 bedrooms and 4 full bathrooms. A finished attic and finished basement provide additional living space or storage. Recent renovations include updated kitchens and bathrooms, offering modern comfort. The property includes generous bedroom sizes throughout. Convenient transportation options provide easy access to NYC. This property is suitable for investors or owner-occupants seeking rental income. The lot size is 0.07 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.16434
    Latitude
    40.91536

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    FAQs

    What type of property is this?
    Residential income property - Well-maintained 2-family home with 8 bedrooms and updated features.
    Where is this residential income property located?
    The property is located at 58 Park Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Legal 2-family home ideal for investors or owner-occupants seeking rental income.; - 8 bedrooms and 4 full bathrooms provide ample living space.; - Finished attic and finished basement offer additional living or storage options.
    (855) 450-0442
    Request Owner's contact information
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    Paterson, NJ 07501
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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
    58 Park Ave Paterson, NJ 07501
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