54 Bloomfield Ave, Paterson, NJ 07503
Local realty services provided by:ERA Boniakowski Real Estate
54 Bloomfield Ave,Paterson City, NJ 07503
$699,000
- 5 Beds
- 2 Baths
- 2,500 sq. ft.
- Multi-family
- Active
Listed by: hamza hamdan
Office: the hamdan group973-798-4005
MLS#:4031670
Source:NJ_GSMLS
Price summary
- Price:$699,000
- Price per sq. ft.:$279.6
About this home
RARE BUILDABLE DOUBLE LOT opportunity in the heart of South Paterson. This renovated 2-family sits on an oversized 50x100 double corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly separates this property from others on the market is the additional development potential, including the possibility to build another 2-family or expand the existing structure (subject to buyer due diligence and municipal approvals), creating long-term upside for both investors and owner-occupants.Recent upgrades include brand new siding, brand new roof, brand new first-floor windows, and a newer furnace. The property offers two separate living spaces plus a finished basement with additional usable space, making it ideal for rental income or future value-add potential.In South Paterson, parking and land are everything, and opportunities like this rarely hit the market. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, this property offers strong appeal for both homeowners and tenants alike. Whether you're looking for a move-in-ready investment or a property with future expansion potential, this is a rare opportunity you do not want to miss. Private showings available now....
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Home facts
- Year built:1940
- Listing ID #:4031670
- Added:48 day(s) ago
- Updated:July 21, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Basement Description:Basement, Unfinished
- Living area:2,500 sq. ft.
Heating and cooling
- Cooling:1 Unit, Ceiling Fan
- Heating:1 Unit
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1940
- Building area:2,500 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Corner
- Architectural Style:2-Two Story
- Construction Materials:Vinyl Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$279.6
- Tax amount:$10,536 (2025)
Features and amenities
- Amenities:Gas-Natural
Parking
- Parking description:2 Car Width, Blacktop Driveway, Detached Garage
- Garage spaces:2
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