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$679,000
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Property Description
Looking for a 5-bedroom 3-family home in Paterson with flexible living space and convenient access to local amenities? This multifamily property features three separate living levels, a finished basement with additional bonus space, and a backyard, with shopping, schools, houses of worship, Hinchliffe Stadium, and Paterson Great Falls National Historical Park nearby.The first floor offers 2 bedrooms, a living room, kitchen, and full bath. The second floor also features 2 bedrooms, a living room, kitchen, and full bath, along with an additional bonus room that provides extra flexibility. The third floor includes 1 bedroom, a living room, kitchen, and full bath. Additional finished space can be found in the basement, which includes another bonus room and full bath.This 5-bedroom 3-family home in Paterson provides a versatile layout with living space spread across multiple levels. Each residential floor includes its own kitchen, living room, and bathroom, giving the property a functional multifamily configuration. The backyard offers additional outdoor space for residents to enjoy.Conveniently located near stores, schools, a nearby high school, houses of worship, and notable Paterson destinations including Hinchliffe Stadium and Paterson Great Falls National Historical Park, this property combines multifamily living space with access to many of the city's everyday conveniences and attractions.
Full Property Details
Full Property Details for 124 Albion Ave
General
- Price: $679,000
- Taxes: $10,131 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4054080
- Updated: 9/26/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 11
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Location
- County: Passaic
- Driving Directions: Use Google Maps
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 1 Unit, Radiators - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1950
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Kitchen
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 99
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $259,600
- Land Assmt: $177,500
- Tax Amount: $10,131
- Tax Year: 2025
Disclosures and Reports
- Block: 908
- Lot Number: 39
Listed by Realty One Group Legend
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Schools
Schools serving 124 Albion 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 124 Albion Ave
Date
Details
Price
Change
Source
9/21/2026
Listed
$679,000
188.94%
MLS
8/20/2020
Sold
$235,000
—
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 124 Albion Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,131
—
$437,100
130%
2025
$10,131
15%
$189,900
—
2022
$8,815
11%
$189,900
—
2020
$7,928
-7%
$189,900
—
2019
$8,516
7%
$189,900
3%
2018
$7,964
5%
$184,100
1%
2017
$7,596
-3%
$182,600
1%
2016
$7,858
6%
$181,100
—
2015
$7,440
-13%
$181,100
-12%
2019
$8,516
-4%
$206,000
-36%
2013
$8,860
—
$322,900
—
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 124 Albion Ave
124 Albion Ave, Paterson, NJ 07502 (MLS# 4054080) is a Multi-Family property with 3 units containing 4 bedrooms and 3 full bathrooms. 124 Albion Ave is currently listed for $679,000 and was received on September 21, 2026. Want to learn more about 124 Albion 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.

