955 Madison Ave, Paterson City, NJ 07501
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955 Madison Ave, Paterson City, NJ 07501
955 Madison Ave, Paterson City, NJ 07501
955 Madison Ave, Paterson City, NJ 07501
955 Madison Ave, Paterson City, NJ 07501
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Ronald Roman

Ronald Roman

+1(201) 313-6900
$ 689,000
Est. payment /mo
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955 Madison Ave Paterson City, NJ 07501

7 Beds

3 Baths

3,506 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,506 sqft

Price per Sqft $196

MLS Listing ID 4032600

Style 3-Three Story

Bedrooms 7

Full Baths 3

Year Built 1915

Annual Tax Amount $15,604

Tax Year 2025

Lot Size 3,484 Sqft

Property Description

Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.

Location

State NJ

County Passaic

Rooms

Basement Full, Unfinished

Interior

Interior Features Fire Extinguisher, See Remarks, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Heating Gas-Natural, See Remarks

Cooling Window A/C(s)

Heat Source Gas-Natural, See Remarks

Exterior

Exterior Feature Aluminum Siding, See Remarks, Vinyl Siding

Parking Features Detached Garage

Garage Spaces 1.0

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Schools

Elementary Schools Number 11

Middle Schools Number 24

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by BUILDINGS REALTY LLC

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Ronald Roman

Ronald Roman

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+1(201) 313-6900

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955 Madison Ave