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Residential Income For Sale

955-957 Madison Avenue, Paterson, NJ 07501

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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.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
26019884
Price:
$689,000
Status:
Active
Office Name:
Buildings Realty, LLC
Agent Name:
Ismael
Features
Architectural Style:
3 Family
Laundry Features:
None
Utilities:
Sep Elec, Sep Gas, Sep Heat
Address Map
Country:
US
State:
NJ
County:
PASSAIC
City:
Paterson
Zipcode:
07501
Street:
Madison
Street Number:
955-957
Street Suffix:
Avenue
Longitude:
W75° 50' 35''
Latitude:
N40° 54' 29.9''
Additional Information
On Market Date:
2026-06-05
Garage:
1
Financial
Tax Annual Amount:
15605
Listing Information
Co List Agent Mls Id:
454776
List Agent Mls Id:
1010991
List Office Mls Id:
2703
Mls Status:
Active Attorney Review
Modification Timestamp:
2026-06-19T21:27:39Z
Originating System Name:
njmls
Status Change Timestamp:
2026-06-19
Residential Income For Sale
Listing ID:
26019884
$689,000
Agent info
Contact Agent

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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
Wyckoff, NJ 07481
Phone: 201-891-8200
Email: info@myrealestatemission.com