Date
Details
Price
Change
Source
1/14/2026
Listed
$710,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/14
$710,000 Just Listed
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1/14
Property Description
Excellent opportunity to own a legal three-family income-producing property on a 25x100 lot in the heart of Paterson! Featuring 7 bedrooms and 4 full baths, this property offers three spacious units with consistent rental income and room for value-add improvements. Each unit is separately metered for utilities, keeping operating costs low and management efficient. Located near schools, parks, shopping, and major transportation routes, ensuring strong tenant demand and minimal vacancy. Ideal for investors seeking steady cash flow, long-term appreciation potential, and a solid addition to any portfolio.
Full Property Details
Full Property Details for 262 Union Ave
General
- Price: $710,000
- Taxes: $12,462 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4005042
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Passaic
- Driving Directions: On Union Blvd
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Electric Baseboard
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1997
- Remodeled/Updated: 1997
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks, Storage
- Square Feet: 2400
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room, See Remarks
- Square Feet: 2400
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 4
Unit 3
- Unit Description: Attic, Bedrooms, See Remarks
- Square Feet: 800
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Assessment Amount: $213,800
- Land Assmt: $30,800
- Tax Amount: $12,462
- Tax Year: 2024
Disclosures and Reports
- Block: 1311
- Lot Number: 1
Listed by Lifestyle International Realty
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Listing agent
— 262 Union Ave —
Lifestyle International Realty
862-388-5256
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 262 Union 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 262 Union Ave
Tax History
Tax History for 262 Union Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,462
10%
$244,600
—
2022
$11,354
4%
$244,600
—
2021
$10,948
18%
$244,600
14%
2018
$9,284
5%
$214,600
1%
2017
$8,857
-10%
$212,900
-11%
2019
$9,884
1%
$239,100
6%
2016
$9,758
6%
$224,900
—
2015
$9,239
-2%
$224,900
-35%
2013
$9,442
—
$344,100
—
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 262 Union Ave
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262 Union Ave, Paterson, NJ 07502 (MLS# 4005042) is a Multi-Family property with 3 units containing 7 bedrooms and 4 full bathrooms. 262 Union Ave is currently listed for $710,000 and was received on January 14, 2026. Want to learn more about 262 Union 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.