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Single-Family Home with Finished Basement

153 Arlington Ave Paterson, NJ 07502

153 Arlington Ave, Paterson, NJ, 07502
$565,000
For Sale
$565,000

SINGLE_FAMILY - Paterson City, NJ

Property Size1,749 SF
Lot Size0.11 Acres
Price / SF$323.04
Days on Market38

Property Features for 153 Arlington Ave

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 4, Bedroom 1, Basement, Bedroom 2, Bathroom 1, Bathroom 2
Interior features
Smoke Detector, Walk-In Closet
Exterior features
Storm Window(s), Wood Fence
Fencing
Wood
Fireplace
1
Appliances
Carbon Monoxide Detector, Dishwasher, Range/Oven-Gas, Refrigerator
Standard status
Active
Size
1,749 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
10739

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1950
Flooring type
Tile, Wood
Roof type
Shingle
Architectural style
Cape Cod, Other
Listing Agency REALTY ONE GROUP LEGEND
600 GETTY AVENUE SUITE 302, Wayne, NJ
Listed by GOLAM HASSAN
Added: Jun 10 Checked: Jul 17 at 10:06 pm
MLS# 4033654 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.


Investment Insights

Based on property information with market context.

This fully renovated single-family home offers 4 bedrooms and a finished full basement ready to use. Interior living space includes a dining area and living room, along with a sun room. Outside, the property includes a detached garage and a large backyard.

Located in an urban area of Paterson City, the home is positioned near schools and public transportation.

With its finished lower level and multiple indoor living areas, the layout supports comfortable day-to-day use within the home’s existing configuration.

Key Highlights

  • Cape Cod single‑family home built in 1950 with 4 bedrooms and multiple bathrooms
  • Fully finished basement with extra usable living space
  • Detached garage plus sun room

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.5k $30.00
− Vacancy −$3.6k −$2.04
EGI $48.9k $27.96
− OpEx −$22.0k −$12.58
NOI $26.9k $15.38
1,749 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$384.2K
$336.2K – $448.3K (±1% cap)
NOI $26,896 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.7K
$399.6K – $532.8K (±1% cap)
NOI $31,969 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Storage Facility Acupuncture Veterinary Clinic (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Single family property - Fully renovated home with 4 bedrooms, a finished full basement, sun room, and detached garage, plus a large backyard.
Where is this single family property located?
The property is located at 153 Arlington Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Cape Cod single‑family home built in 1950 with 4 bedrooms and multiple bathrooms; Fully finished basement with extra usable living space; Detached garage plus sun room
Contact an agent
More about this property
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