Listing Details

550 River St,Paterson City, NJ 07524-1704

  • March 12, 2026

Description

Welcome to this well-located multi-family property offering 5 bedrooms and 3 full bathrooms, plus a walk-up bonus third floor that adds versatility and strong investment potential. Great opportunity for investors or first time buyers. The first-floor unit features two bedrooms and one full bathroom. The second and third floors are combined into one spacious unit, offering generously sized bedrooms, multiple bathrooms, and ample living space for comfortable everyday living. The basement provides additional storage, and separate utilities add convenience for both units. Enjoy a private backyard, perfect for outdoor relaxation or entertaining.

Details

Last Updated On: March 12th, 2026 at 7:29 pm
Property ID:PT-31462648-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 489,000 $
Bedrooms:5
Year Built:1900

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 25X100
Lot Identifier: 14
Lot Identifier: 14

Home Details

Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Unfinished
Acreage: 0.06
Total Baths: 3.00
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 9
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: 61-90
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Gas
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Porch
Unit 2 Appliances/Equipment: Ceiling Fan(s), Range/Oven - Gas, Refrigerator
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 3
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Tenant Pays Gas
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Porch
Garage Description: None
Block Identifier: 2907
County Number: 25
Town Number: 2508
YB/Desc: 1900 - Approximate
Easement: Unknown
Parking/Driveway Description: On-Street Parking
Block Identifier: 2907
County Number: 25
Town Number: 2508
Possession: 61-90

Utilities

Heat Source: Gas-Natural
Heat System: Baseboard - Hotwater
Cool System: Wall A/C Unit(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-02907-0000-00014-0000-
Tax Amount: $6,129.00
Tax Year: 2025
Tax Rate: 5.335%
Tax Rate Year: 2025
Land Assessment: $114,800.00
Building Assessment: $223,700.00
Total Assessment: $338,500.00
FHA Age Restricted: No

Statistics

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