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$450,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 7 days ago
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Don't miss this move-in ready two-family home with income potential and a spacious backyard! Both units will be delivered vacant, offering flexibility for an owner-occupant or investor. Live in one unit while renting the other, or lease both for added income. The property has been fully owner-occupied and is easy to show. A generous backyard provides plenty of outdoor space for entertaining, gardening, or relaxing. This is a great opportunity for first-time homebuyers or savvy investors looking for a property with excellent value and potential.

Full Property Details for 106 Madison St

General

  • Price: $450,000
  • Taxes: $9,007 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3985390
  • Updated: 2/13/2026
  • Added to Site: 166 day(s) ago

Interior

  • Number of Rooms: 13

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Garage Description: On-Street Parking

Location

  • County: Passaic
  • Driving Directions: to Madison st

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: Radiators - Steam
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Composition Shingle
  • Basement: Yes
  • Basement Desc.: Finished-Partially
  • Roof: Composition Shingle
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
  • Square Feet: 9999
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Operating Expenses: $9,999
  • Assessment Amount: $157,100
  • Land Assmt: $19,700
  • Tax Amount: $9,007
  • Tax Year: 2024

Disclosures and Reports

  • Block: 6111
  • Lot Number: 4

Listed by Weichert Realtors

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Listing agent

— 106 Madison St —

  • Weichert Realtors

201-989-6949

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 106 Madison St

School District:Paterson City School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 106 Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/07/2025
Listed
$450,000
115.31%
MLS
4/15/2005
Sold
$209,000
—
Public Record
Get Price Alerts and Save Property
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 for 106 Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,008
10%
$176,800
—
2022
$8,207
4%
$176,800
—
2021
$7,914
7%
$176,800
4%
2018
$7,367
5%
$170,300
1%
2017
$7,030
-9%
$169,000
-5%
2016
$7,749
8%
$178,600
3%
2019
$7,144
-3%
$172,800
-3%
2015
$7,337
-13%
$178,600
-42%
2013
$8,386
—
$305,600
—
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 for 106 Madison St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Weichert Realtors

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106 Madison St, Paterson, NJ 07501 (MLS# 3985390) is a Multi-Family property with 2 units containing 6 bedrooms and 2 full bathrooms. 106 Madison St is currently listed for $450,000 and was received on September 07, 2025. Want to learn more about 106 Madison St? 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.

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