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$725,000
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Property Description
Recently renovated legal 3-family home in Paterson! Ready for its next owner, this property features three updated units, each offering functional layouts with modern finishes. A great opportunity for investors seeking reliable cash flow or for an owner-occupant looking to offset expenses by renting the additional units. Separate utilities and a convenient location near schools, shopping, and transportation make this property a strong addition to any portfolio.
Full Property Details
Full Property Details for 129 Park Ave
General
- Price: $725,000
- Taxes: $3,556 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3988555
- Updated: 9/23/2025
- Added to Site: 116 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Location
- County: Passaic
- Driving Directions: 129 Park Ave, Paterson
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural 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.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 9999
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 1
- Lot Dimensions: CONDO UNIT 1
- Driveway/Sidewalk: None
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $62,700
- Land Assmt: $7,100
- Tax Amount: $3,556
- Tax Year: 2024
Disclosures and Reports
- Block: 4212
- Lot Number: 42
Listed by Realty Of America
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Schools
Schools serving 129 Park Ave
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 129 Park Ave
Date
Details
Price
Change
Source
9/23/2025
Listed
$725,000
—
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 129 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,556
4%
$69,800
—
2023
$3,422
6%
$69,800
—
2022
$3,240
4%
$69,800
—
2021
$3,124
11%
$69,800
2%
2019
$2,824
—
$68,300
—
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 129 Park Ave
129 Park Ave, Paterson, NJ 07501 (MLS# 3988555) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 129 Park Ave is currently listed for $725,000 and was received on September 23, 2025. Want to learn more about 129 Park 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.

