This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$629,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Live smart, invest smarter! This three family is packed with potential, whether you're looking to live rent free or maximize cash flow. Able to produce approximately $6,800 per month in rental income with room to grow, it's a true income generator. Recent updates which mean less headache, more upside, and the location is prime. Just minutes to Market & Ward Station, NJ Transit buses to NYC, schools, and Paterson's vibrant downtown with eateries and local shopping hotspots. A solid investment you don't want to miss!
Full Property Details
Full Property Details for 228 Hamilton Ave
General
- Price: $629,000
- Taxes: $15,030 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4005090
- Updated: 1/14/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 14
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Location
- County: Passaic
- Driving Directions: GOOGLE MAPS
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: Forced Hot Air
- Heating Fuel: Natural 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.: Full
- Roof: Asphalt Shingles
- Year Built: 9999
- Remodeled/Updated: 2017
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: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 30 x 79
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $278,500
- Land Assmt: $16,500
- Tax Amount: $15,030
- Tax Year: 2024
Disclosures and Reports
- Block: 3609
- Lot Number: 5
Listed by Essential Real Estate
Get Pre-Approved Today
Schools
Schools serving 228 Hamilton 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 228 Hamilton Ave
Date
Details
Price
Change
Source
1/14/2026
Listed
$629,000
48.21%
MLS
6/08/2022
Sold
$424,400
—
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 228 Hamilton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,030
145%
$295,000
—
2023
$6,124
6%
$295,000
136%
2022
$5,798
4%
$124,900
—
2021
$5,591
8%
$124,900
—
2019
$5,163
-4%
$124,900
—
2018
$5,403
4%
$124,900
—
2017
$5,196
-9%
$124,900
-5%
2016
$5,723
6%
$131,900
—
2015
$5,418
-47%
$131,900
-65%
2013
$10,312
—
$375,800
—
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 228 Hamilton Ave
228 Hamilton Ave, Paterson, NJ 07501 (MLS# 4005090) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 228 Hamilton Ave is currently listed for $629,000 and was received on January 14, 2026. Want to learn more about 228 Hamilton 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.

