523 Park Ave, Paterson, NJ 07504

Paterson
Local realty services provided by:Burgdorff ERA
523 Park Ave,Paterson City, NJ 07504
$799,000
  • 10 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: domingo mendez
Office: realty empire, llc.973-510-2260
MLS#:4036074
Source:NJ_GSMLS

Price summary

  • Price:$799,000

About this home

Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. A rare opportunity to acquire a prominent corner property with substantial upside in one of Paterson's most desirable locations. Property being sold...

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Home facts

  • Year built:1940
  • Listing ID #:4036074
  • Added:7 day(s) ago
  • Updated:June 30, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:15
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Heating:2 Units

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1940
  • Lot area:0.04 Acres
  • Lot Features:Corner, Level Lot
  • Architectural Style:3-Three Story
  • Construction Materials:Aluminum Siding
  • Exterior Features:Sidewalk

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Tax amount:$4,972 (2025)

Features and amenities

  • Amenities:All Utilities Underground, Gas In Street, Smoke Detector

Parking

  • Parking description:On-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated June 30, 2026

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