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$649,900 Just Listed
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Property Description
Attention Investors and First-Time Buyers! This legal 3-family house offers an excellent opportunity to generate rental income. Live in one unit and let the others help offset your expenses, or maximize its full investment potential. The 1st and 2nd floors each feature 3 bedrooms, while the 3rd floor offers a 1-bedroom unit. Recent updates include a newer roof (2022) and solar panels, which will be fully paid off by the seller and will be transferred to the new owner at closing. The property also features a full finished basement and separate utilities for each unit. Conveniently located near transportation, shopping, schools, and major conveniences. The 1st-floor unit will be delivered vacant at closing. No current leases are in place. Green Card will be provided by the seller. PROPERTY BEING SOLD IN AS-IS CONDITION
Full Property Details
Full Property Details for 141 Park Ave
General
- Price: $649,900
- Taxes: $11,059 (2026)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4030406
- Updated: 5/27/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Garage Description: None
Location
- County: Passaic
- Driving Directions: GOOGLE MAPS
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Year Built: 1930
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 101
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $193,500
- Land Assmt: $13,800
- Tax Amount: $11,059
- Tax Year: 2026
Disclosures and Reports
- Disclosures: Yes
- Block: 4212
- Lot Number: 36
Listed by Casa Real Property Group Llc
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Price & Sales History for 141 Park Ave
Date
Details
Price
Change
Source
5/27/2026
Listed
$649,900
155.87%
MLS
4/22/2004
Sold
$254,000
—
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 141 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,562
10%
$207,300
—
2022
$9,623
4%
$207,300
—
2021
$9,279
11%
$207,300
2%
2019
$8,375
8%
$202,600
13%
2018
$7,757
5%
$179,300
1%
2017
$7,405
-9%
$178,000
-5%
2016
$8,157
6%
$188,000
—
2015
$7,723
-6%
$188,000
-28%
2013
$8,227
—
$259,800
—
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 141 Park Ave
141 Park Ave, Paterson, NJ 07501 (MLS# 4030406) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 141 Park Ave is currently listed for $649,900 and was received on May 27, 2026. Want to learn more about 141 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.

