NJ
Passaic
Paterson City
07504
523 Park Ave
523 Park Ave, Paterson City, NJ 07504
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Listing Type
Multi Family
Listing Status
Active
0
$799,000

Home Details for 523 Park Ave

Price
$799,000
Type
Residential Income
Bedrooms
10
Total Bathrooms
3
Full Bathrooms
3
Square feet
4500
Year built
1940
Lot size acres
0.04
County
Passaic
Total rooms
15
Basement
Unfinished
MLS Listing#
4036074
Property Description

Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. A rare opportunity to acquire a prominent corner property with substantial upside in one of Paterson's most desirable locations. Property being sold strictly as-is.

Property Features
  • Heating Information
    • Electric
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
  • Parking
    • On Street
  • Basement
    • Unfinished
Listing Courtesy: REALTY EMPIRE, LLC - 973-510-2260
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EXIT SOLGAR REALTY
200 Diamond Bridge Ave, Hawthorne, NJ 07506
Office
973 282 8642
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