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$525,000 Just Listed
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Property Description
Investors, Builders and Contractors unlock the potential of this two family residential property located in Patersons sought after Great Falls neighborhood. This is an exciting opportunity for those with vision & creativity.Bring your imagination and transform this multifamily property. Needs some TLC.
Full Property Details
Full Property Details for 123 Wayne Ave
General
- Price: $525,000
- Taxes: $9,346 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4056034
- Updated: 9/30/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Patio
Parking
- Garage Description: On-Street Parking
Location
- County: Passaic
- Driving Directions: Take Spruce Street towards Wayne Avenue near Totowa Avenue/Union Avenue
School Information
- Elementary School: NUMBER 5
- Middle School: NUMBER 16
- High School: JFK
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: 2-Two Story, Under/Over
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room, Porch
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 99
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $264,100
- Land Assmt: $177,900
- Tax Amount: $9,346
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 923
- Lot Number: 21
Listed by Bhhs Jordan Baris Realty
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Schools
Schools serving 123 Wayne 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 123 Wayne Ave
Date
Details
Price
Change
Source
9/30/2026
Listed
$525,000
—
MLS
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 123 Wayne Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,347
—
$442,000
152%
2025
$9,347
15%
$175,200
—
2022
$8,133
4%
$175,200
—
2021
$7,842
9%
$175,200
5%
2018
$7,198
-6%
$166,400
-10%
2017
$7,650
-3%
$183,900
1%
2016
$7,914
6%
$182,400
—
2015
$7,493
7%
$182,400
8%
2019
$6,982
-30%
$168,900
-53%
2013
$9,936
—
$362,100
—
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 123 Wayne Ave
123 Wayne Ave, Paterson, NJ 07502 (MLS# 4056034) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 123 Wayne Ave is currently listed for $525,000 and was received on September 30, 2026. Want to learn more about 123 Wayne 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.

