For Multi Family

120 Madison St,Paterson City, NJ 07501-3028

September 16, 2026

Discover the opportunity to own a brand-new home thoughtfully designed with modern comfort and everyday living in mind. This spacious residence will feature high ceilings, generously sized bedrooms, and a stylish layout that offers both functionality and a comfortable contemporary feel.Conveniently located near shopping, schools, major highways, and public transportation.Additional highlights include a 5-year tax abatement and a 10-year builder warranty, providing added value and peace of mind.If you’ve been considering a new construction home, this is an opportunity worth exploring.

Property ID:PT-55015823-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 950,000 $

Bedrooms:6

Year Built:2026

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 11

Home Details

Open Parking: 1

Basement: No

Acreage: 0.06

Total Baths: 4.10

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 14

Easement/Desc: Unknown

Exterior Description: Brick, Vertical Siding

Roof Description: Asphalt Shingle

Possesion: 0-30

Unit 1 Appliances/Equipment: Carbon Monoxide Detector

Unit 1 Levels: 2

Unit 1 Rooms: 7

Unit 1 Beds: 3

Unit 1 Baths: 2.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 1 Handicap: No

Unit 1 SqFt: 1345

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom

Unit 2 Appliances/Equipment: Carbon Monoxide Detector

Unit 2 Levels: 1

Unit 2 Rooms: 7

Unit 2 Beds: 3

Unit 2 Baths: 2.0

Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water

Unit 2 Handicap: No

Unit 2 SqFt: 1345

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living/Dining Room, Master Bedroom

Garage Description: Additional 1/2 Car Garage

Number of Garage Spaces: 2

Block Identifier: 6111

County Number: 25

Town Number: 2508

YB/Desc: 2026 - To Be Built, Under Construction

Easement: Unknown

Parking/Driveway Description: 1 Car Width

Block Identifier: 6111

County Number: 25

Town Number: 2508

Possession: 0-30

Utilities

Heat Source: Electric

Heat System: 2 Units, Forced Hot Air

Cool System: Central Air

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-06111-0000-00011-0000-

Tax Amount: $2,000.00

Tax Year: 2025

Tax Rate: 5.335%

Tax Rate Year: 2026

Land Assessment: $96,800.00

Building Assessment: $161,800.00

Total Assessment: $258,600.00

FHA Age Restricted: No

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Listing Details

120 Madison St,Paterson City, NJ 07501-3028

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