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    609 Madison Ave Paterson, NJ 07514

    Sponsored
    For Sale
    $819,000

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

    Lot size:
    0.06 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 5 at 3:20 pm

    Property Features for 609 Madison 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, Kitchen, Living Room
    Bedrooms
    6
    Bathrooms
    4
    Parking
    5
    Parking features
    Driveway
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
    Basement Y/N
    1
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), See Remarks (Heating)

    Building Details

    Year built
    1930
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent WILFRIDO PENA (866) 201-6210

    Listing date Jan 5, 2026

    MLS# 3972822 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

    Multi-Family with Bodega, Paterson City

    This three-story mixed-use property in Paterson City, NJ, includes a first-floor bodega with inventory included in the sale. The second floor features three bedrooms and two full bathrooms. The third floor offers three bedrooms and one full bathroom. A driveway provides parking space for up to five cars. The apartments have been renovated and are well-maintained. The lot size is 0.06 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nieves Mini Market Grocery Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15331
    Latitude
    40.91996

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use property featuring a bodega and renovated apartments.
    Where is this mixed-use property located?
    The property is located at 609 Madison Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $819,000.
    What are key features of this property?
    This property features: - Mixed-use property featuring a first-floor bodega, inventory included.; - Two renovated apartments: a spacious 3-bedroom, 2-bath unit and a 3-bedroom, 1-bath unit.; - Driveway with parking for 5 cars.
    (866) 201-6210
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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
    609 Madison Ave Paterson, NJ 07514
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