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.
Under contract
$765,000
80 Newark Ave, Paterson City, NJ 07503
7beds
--sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 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#: 4010668
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
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Pending sale | $765,000 |
Source: | ||
| 2/20/2026 | Listed for sale | $765,000+22.4% |
Source: | ||
| 12/28/2021 | Sold | $625,000+4.2% |
Source: | ||
| 10/23/2021 | Price change | $599,900-4.8% |
Source: | ||
| 8/16/2021 | Pending sale | $629,900 |
Source: Owner Report a problem | ||
| 7/31/2021 | Listed for sale | $629,900 |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- NASchool 11 (Newcomers)Grades: 3-11Distance: 1.1 mi
- 5/10Dr Hani Awadallah SchoolGrades: PK-8Distance: 0.1 mi
Local experts in 07503
- New Jersey
- Passaic County
- Paterson
- 07503
- South Paterson
- 80 Newark Ave




