Listing Details

80 Newark Ave,Paterson City, NJ 07503-2738

  • February 28, 2026

Description

Don?t miss the opportunity to own this well-maintained, income-producing multi-unit property located at 80 Newark Ave, Paterson, NJ 07513. Ideally situated near major highways, public transportation, shopping centers, restaurants, and local amenities, this property offers outstanding convenience.Renovated approximately 15 years ago, the property has been consistently cared for and offers spacious layouts in each unit featuring hardwood floors, granite countertops, wood cabinetry, and central air conditioning?features that help attract and retain long-term occupants. The thoughtfully designed floor plans provide comfortable and functional living spaces, making this an excellent option for rental income or owner occupancy.The finished basement significantly enhances the usable square footage and includes a sitting/recreation room, full bathroom, and laundry area, offering flexible use such as recreation space, home office, or additional storage.Outdoor living truly sets this property apart. The fully fenced yard with a durable metal fence, mature landscaping, and vibrant flowers creates a private retreat?ideal for entertaining or quiet relaxation.This property presents a strong investment opportunity with low maintenance, modern systems, and desirable amenities. A rare chance to own a move-in ready multi-family property in a convenient Paterson location.

Details

Last Updated On: February 28th, 2026 at 9:29 am
Property ID:PT-30079159-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 765,000 $
Bedrooms:7
Year Built:1940

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 25X100
Lot Identifier: 31
Lot Description: Corner
Lot Identifier: 31

Home Details

Open Parking: 1
Basement: Yes
Basmnt/Desc: Yes - Finished
Acreage: 0.06
Total Baths: 4.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 16
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Composition Shingle
Possesion: 0-30
Unit 1 Appliances/Equipment: Range/Oven - Gas
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Room Description: Bedrooms, Kitchen, Living/Dining Room
Unit 2 Appliances/Equipment: Range/Oven - Gas
Unit 2 Levels: 2
Unit 2 Rooms: 4
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Kitchen, Living/Dining Room
Unit 3 Appliances/Equipment: Range/Oven - Gas
Unit 3 Rooms: 4
Unit 3 Beds: 2
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas
Unit 3 Handicap: No
Unit 3 Room Description: Bedrooms, Kitchen, Living/Dining Room
Garage Description: None
Block Identifier: 5405
County Number: 25
Town Number: 2508
YB/Desc: 1940 - Approximate
Easement: Unknown
Parking/Driveway Description: 1 Car Width
Block Identifier: 5405
County Number: 25
Town Number: 2508
Possession: 0-30

Utilities

Heat Source: Electric, Gas-Natural
Heat System: Forced Hot Air
Cool System: Window A/C(s)
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 2508-05405-0000-00031-0000-
Tax Amount: $18,005.00
Tax Year: 2024
Tax Rate: 5.095%
Tax Rate Year: 2025
Land Assessment: $51,900.00
Building Assessment: $301,500.00
Total Assessment: $353,400.00
FHA Age Restricted: No

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