BEDS5
BATHS2 full
MLS#4031670
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: 1 Unit, Ceiling Fan
Fuel Type: Gas-Natural
Garage: 2
Heating: 1 Unit
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle
Taxes: $10,536
Year Built: 1940
Feature Descriptions
Days on Site: 29
Driveway: 2 Car Width, Blacktop
Exterior: Vinyl Siding
Lot: Corner
Lot Dimensions: 0.11 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: THE HAMDAN GROUP
Agency Contact: 973-798-4005
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,637.55 per month $1,555.67 Principal & Interest $878.00 Property Tax $203.88 Homeowner's InsuranceChange Payment Information
54 Bloomfield Ave | MLS# 4031670
This multi-family property located at 54 Bloomfield Ave, Paterson, NJ 07503 is currently listed for sale with an asking price of $699,000. Search Paterson real estate on www.realtymarkllc.com today.