For Multi Family

414 Market St,Paterson City, NJ 07501-2308

February 10, 2026

Welcome to 414 Market Street in Paterson, NJ, a two-family home situated in a convenient, city-style neighborhood close to shops, schools, and public transportation. The property offers a total of 4 bedrooms and 3 full bathrooms, with cozy, well-sized units that feature functional layouts and comfortable living spaces. The home would benefit from light updates, offering an excellent opportunity for buyers looking to add their personal touch and enhance value. Ideal for both investors and owner-occupants, this property presents flexibility, potential, and a commuter-friendly location. A great option for those seeking a multi-family home with upside.

Property ID:PT-27893722-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 410,000 $

Bedrooms:4

Year Built:1940

Listing Details

Status: Active

Location

County: Passaic

Lotsize: 25X100

Lot Identifier: 18

Home Details

Open Parking: 0

Basement: Yes

Basmnt/Desc: Yes - Unfinished

Acreage: 0.06

Total Baths: 3.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 7

Easement/Desc: Unknown

Exterior Description: Aluminum Siding, Brick

Roof Description: Asphalt Shingle

Possesion: Flexible

Unit 1 Levels: 1

Unit 1 Rooms: 3

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric

Unit 1 Handicap: Yes

Unit 2 Levels: 2

Unit 2 Rooms: 3

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Electric

Unit 2 Handicap: Yes

Block Identifier: 6308

County Number: 25

Town Number: 2508

YB/Desc: 1940 - Unknown

Easement: Unknown

Parking/Driveway Description: None

Block Identifier: 6308

County Number: 25

Town Number: 2508

Possession: Flexible

Utilities

Heat Source: Gas-Natural

Heat System: Baseboard - Hotwater

Cool System: Wall A/C Unit(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-06308-0000-00018-0000-

Tax Amount: $6,057.00

Tax Year: 2024

Tax Rate: 5.095%

Tax Rate Year: 2025

Land Assessment: $15,800.00

Building Assessment: $103,100.00

Total Assessment: $118,900.00

FHA Age Restricted: No

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Listing Details

414 Market St,Paterson City, NJ 07501-2308

Description

Details