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$529,999 Just Listed
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Property Description
Great opportunity to own a well-maintained two-family home in Paterson! Ideal for investors seeking rental income or first-time homebuyers looking to live in one unit while generating income from the other. Conveniently located near schools, shopping, and public transportation. Don't miss this excellent investment opportunity!
Full Property Details
Full Property Details for 1 Park Pl
General
- Price: $529,999
- Taxes: $5,900 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040039
- Updated: 7/11/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Location
- County: Passaic
- Driving Directions: Highland to Park Place
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 25 x 80
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $241,100
- Land Assmt: $124,000
- Tax Amount: $5,900
- Tax Year: 2025
Disclosures and Reports
- Block: 2915
- Lot Number: 1
Listed by Prestige Property Group Montclair
Get Pre-Approved Today
Schools
Schools serving 1 Park Pl
School District:Paterson City School District
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 Park Pl
Date
Details
Price
Change
Source
7/08/2026
Listed
$529,999
0.95%
MLS
6/24/2024
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Park Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,901
—
$365,100
230%
2025
$5,901
9%
$110,600
—
2023
$5,423
6%
$110,600
—
2022
$5,134
4%
$110,600
—
2021
$4,950
11%
$110,600
2%
2019
$4,473
-3%
$108,200
1%
2018
$4,620
5%
$106,800
1%
2017
$4,410
-7%
$106,000
-3%
2016
$4,764
6%
$109,800
—
2015
$4,511
-36%
$109,800
-54%
2013
$7,090
—
$238,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Park Pl
1 Park Pl, Paterson, NJ 07524 (MLS# 4040039) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 1 Park Pl is currently listed for $529,999 and was received on July 08, 2026. Want to learn more about 1 Park Pl? Do you have questions about finding other Multi-Family real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

