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Residential Income For Sale

54 Bloomfield Ave, Paterson City, Passaic 07503-2428

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Property Description

RARE BUILDABLE DOUBLE LOT opportunity in the heart of South Paterson. This renovated 2-family sits on an oversized 50×100 double corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly separates this property from others on the market is the additional development potential, including the possibility to build another 2-family or expand the existing structure (subject to buyer due diligence and municipal approvals), creating long-term upside for both investors and owner-occupants.Recent upgrades include brand new siding, brand new roof, brand new first-floor windows, and a newer furnace. The property offers two separate living spaces plus a finished basement with additional usable space, making it ideal for rental income or future value-add potential.In South Paterson, parking and land are everything, and opportunities like this rarely hit the market. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, this property offers strong appeal for both homeowners and tenants alike. Whether you’re looking for a move-in-ready investment or a property with future expansion potential, this is a rare opportunity you do not want to miss. Private showings available now.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4031670
Price:
$699,000
Year Built:
1940
Lot Area:
0.11 Acre
Status:
Active
Office Name:
THE HAMDAN GROUP
Full Bathrooms:
2
Roof:
Asphalt Shingle
Features
Heating System:
1 Unit
Cooling System:
1 Unit, Ceiling Fan
Basement:
Unfinished
Architectural Style:
2-Two Story
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Passaic
County:
Passaic
City:
Paterson City
Zipcode:
07503-2428
Street:
Bloomfield Ave
Street Number:
54
Longitude:
W75° 50' 10.1''
Latitude:
N40° 53' 44.4''
Directions:
Main St to Bloomfield Ave
Additional Information
Lot Size Dimensions:
50X100
Water Source:
Public Water
Number Of Units Total:
2
Lot Features:
Corner
Garage:
2
Building Size:
2500
Financial
Tax Annual Amount:
10536
Listing Information
List Agent Mls Id:
407295
List Office Mls Id:
4774
Mls Status:
Active
Modification Timestamp:
2026-06-11T03:02:22Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4031670
Lot Area:
0.11 Acre
$699,000
Agent info
Contact Agent

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