Triplex with Public
For Sale
$600,000
Pending
205 Madison Ave, Paterson, NJ 07524
MULTI_FAMILY - Paterson City, NJ
Property SizeContact for details
Lot Size0.10 Acres
Days on Market184
Property Features for 205 Madison Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Basement, Bedroom 6
Parking
1
Directions
Rt 20 to 5th ave to Madison Ave
Standard status
Pending
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14877
Utilities
Sewer type
Public Sewer
Heating system
Steam, Other (Heating)
Water source
Public
Building Details
Year built
1926
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXIT PLATINUM REALTY · EXIT Realty
(973) 746-4777
Listed By:
SACHAGAY BAILEY
(908) 338-0639
Added: Feb 20
Changed: Aug 18
Last Checked: Aug 23 at 6:06AM
MLS# 4010737
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 occupied triplex is located at 205 Madison Ave in Paterson, New Jersey. The property was built in 1926 and includes a basement and multiple bedrooms and bathrooms. Heating is provided via steam with additional heating noted as “Other.” The roof is listed as shingle.
Utilities include public water and public sewer. The listing notes that interior access is limited at this time and is subject to an accepted offer. The property is being sold strictly as-is, with the buyer responsible for all city inspections and certificates.
The lot size is listed at 0.1 acres, providing a compact footprint for an owner-occupant or investor seeking a multi-family asset with an in-place tenant situation.
Utilities include public water and public sewer. The listing notes that interior access is limited at this time and is subject to an accepted offer. The property is being sold strictly as-is, with the buyer responsible for all city inspections and certificates.
The lot size is listed at 0.1 acres, providing a compact footprint for an owner-occupant or investor seeking a multi-family asset with an in-place tenant situation.
Key Highlights
- Occupied triplex at 205 Madison Ave, Paterson, NJ
- Built in 1926 with shingle roof
- 0.1‑acre lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,436
Businesses Nearby
Explore this area
Business Placement
Demographics for 07524, NJ
14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Occupied triplex on a 0.1-acre lot in Paterson, NJ, with public water and public sewer services.
Where is this triplex located?
The property is located at 205 Madison Ave Paterson, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Occupied triplex at 205 Madison Ave, Paterson, NJ; Built in 1926 with shingle roof; 0.1‑acre lot
