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$519,900
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Property Description
NEW OPPORTUNITY IN SOUTH PATERSON! Spacious 2-family home offering an excellent opportunity for both owner-occupants and investors. Each unit features 2 bedrooms, living room, kitchen and full bath. One unit is currently VACANT, giving a new owner the flexibility to move right in or select their own tenant. The occupied unit currently generates $2,000 per month, with estimated market rents of approximately $2,000 - $2,200 per unit. Additional features include separate utilities, a full unfinished basement with full bathroom, and a private backyard. Live in one unit while collecting rental income from the other, or rent both units for potential gross rental income of approximately $4,000 - $4,400 per month. Convenient South Paterson location near shopping, transportation and major roadways. Bring your ideas and make this 2-family property work for you. Schedule your showing today!
Full Property Details
Full Property Details for 305 Pacific St
General
- Price: $519,900
- Taxes: $7,954 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4055002
- Updated: 9/24/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 10
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: On-Street Parking
Location
- County: Passaic
- Driving Directions: Main St to Pacific St
Heating & Cooling
- Cooling Type: 2 Units, Window A/C(s)
- Heating Type: Electric Baseboard, Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Operating Expenses: $99
- Assessment Amount: $233,600
- Land Assmt: $197,500
- Tax Amount: $7,954
- Tax Year: 2025
Disclosures and Reports
- Block: 6811
- Lot Number: 24
Listed by Exp Realty, Llc
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Schools
Schools serving 305 Pacific St
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 305 Pacific St
Date
Details
Price
Change
Source
9/24/2026
Listed
$519,900
188.83%
MLS
6/24/1999
Sold
$180,000
—
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 305 Pacific St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,954
—
$431,100
189%
2025
$7,954
15%
$149,100
—
2022
$6,921
11%
$149,100
—
2020
$6,225
4%
$149,100
—
2019
$6,011
-9%
$149,100
-2%
2018
$6,588
5%
$152,300
1%
2017
$6,286
5%
$151,100
4%
2019
$6,011
-18%
$145,400
-14%
2016
$7,363
6%
$169,700
—
2015
$6,971
6%
$169,700
-29%
2013
$6,555
—
$238,900
—
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 305 Pacific St
305 Pacific St, Paterson, NJ 07503 (MLS# 4055002) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 305 Pacific St is currently listed for $519,900 and was received on September 24, 2026. Want to learn more about 305 Pacific St? 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.

