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$830,000 Just Listed
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Property Description
Spacious and well-maintained 2 family home located in a highly desirable area of Paterson; perfect for investors or owner occupants! The first floor unit offers living room, an eat-in kitchen, 4 generously sized bedrooms and 1 full bathroom. The second floor unit features living room, eat-in kitchen, 4 bedrooms, including a primary (master) bedroom with a private en-suite bathroom, plus and additional full bathroom. The property includes a fully finished basement, ideal for extra living space, recreation or storage. Recent upgrades provide peace of mind, including a new roof (2024), newer flooring throughout (2024), updated heating system components (2019), and a brand new water heater (2025) with a 10-year warranty. Conveniently located near schools, restaurants, shopping centers, public transportation and major routes offering easy access to everyday conveniences and commuting. Don't miss this excellent opportunity!
Full Property Details
Full Property Details for 116 Redwood Ave
General
- Price: $830,000
- Taxes: $10,760 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4018931
- Updated: 4/9/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Carbon Monoxide Detector, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Location
- County: Passaic
- Driving Directions: Union Ave to Redwood Ave.
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, See Remarks
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1940
- Remodeled/Updated: 2007
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $347,200
- Land Assmt: $168,600
- Tax Amount: $10,760
- Tax Year: 2025
Disclosures and Reports
- Block: 909
- Lot Number: 39
Listed by Unicasa Union Realty Inc
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Schools
Schools serving 116 Redwood Ave
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 116 Redwood Ave
Date
Details
Price
Change
Source
4/07/2026
Listed
$830,000
295.24%
MLS
10/02/2015
Sold
$210,000
—
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 116 Redwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,277
10%
$201,700
—
2022
$9,363
4%
$201,700
—
2021
$9,028
12%
$201,700
4%
2019
$8,053
-3%
$194,800
1%
2018
$8,306
5%
$192,000
1%
2017
$7,925
-4%
$190,500
—
2016
$8,292
6%
$191,100
—
2015
$7,850
4%
$191,100
-31%
2013
$7,546
—
$275,000
—
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 116 Redwood Ave
116 Redwood Ave, Paterson, NJ 07522 (MLS# 4018931) is a Multi-Family property with 2 units containing 8 bedrooms and 4 full bathrooms. 116 Redwood Ave is currently listed for $830,000 and was received on April 07, 2026. Want to learn more about 116 Redwood Ave? 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.

