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Under contract
  • $765,000

    80 Newark Ave, Paterson City, NJ 07503

    7beds
    --sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    50 days
    |
    225
    |
    5
    |

    Zillow last checked: April 10, 2026 at 11:55pm

    Listing updated: March 16, 2026 at 01:23am

    Listed by:

    Luis Daniel Montes De Oca 201-997-4425,

    Exit Golden Realty Group Llc

    Source: GSMLS,MLS#: 4010668MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Electric, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range/Oven - Gas
      Features
      • Bedrooms, Kitchen, Living/Dining Room
      • Basement: Yes,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Car Width, None
      • Uncovered spaces: 1
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 2,613.6 Square Feet
      • Dimensions: 25 x 100
      • Features: Corner Lot
      Details
      • Parcel number: 2508054050000000310000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Composition Shingle
      Condition
      • Year built: 1940

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Paterson

      Financial & listing details

      • Tax assessed value: $353,400
      • Annual tax amount: $18,005
      • Date on market: 2/28/2026
      • Total actual rent: 0
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/16/2026Pending sale$765,000
        Source: GSMLS #4010668 Report a problem
        2/20/2026Listed for sale$765,000+22.4%
        Source: NJMLS #26001389 Report a problem
        12/28/2021Sold$625,000+4.2%
        Source: GSMLS #3748062 Report a problem
        10/23/2021Price change$599,900-4.8%
        Source: New Jersey Multiple Listing Service, Inc #21042408 Report a problem
        8/16/2021Pending sale$629,900
        Source: Owner Report a problem
        7/31/2021Listed for sale$629,900
        Source: Owner Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$18,006 +3.9%$353,400
        2024$17,327 +1.8%$353,400
        2023$17,023 +7.6%$353,400
        2022$15,818 $353,400
        2021$15,818 +10.8%$353,400
        2020$14,271 +6.6%$353,400 +2.4%
        2019$13,385 +4.8%$345,200 +11.6%
        2018$12,771 -9.2%$309,400 +0.8%
        2017$14,067 +5.6%$307,000 -5.3%
        2016$13,318 +40.7%$324,200
        2015$9,469 -15.1%$324,200 -0.7%
        2014$11,154 +9.1%$326,500 -19.7%
        2013$10,224 -18.1%$406,500
        2012$12,487 +18.3%$406,500 -18.1%
        2011$10,556 +10.1%$496,500
        2010$9,587 $496,500
        2009-- $496,500
        2008-- $496,500
        2007-- $496,500 +1725.4%
        2006-- $27,200
        2005-- $27,200
        2004-- $27,200
        2003-- $27,200
        2002-- $27,200
        2001-- $27,200

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $5,247/mo
        Principal & interest
        $3794
        Property taxes
        $1453
        More affordability tools

          Climate risks

          Neighborhood: South Paterson

          Getting around

          88 / 100
          Very Walkable
          51 / 100
          Good Transit
          46 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 07503

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