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$550,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
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Excellent Investment opportunity in paterson! Welcome to 311 12th Ave- a solid multi family Property perfect for investors or owner occupants seeking cash flow and long term potential. This well maintained property features 2 spacious units just over 1,100 square feet. 1st floor consists of 3 bedrooms while the second floor consists of 4 bedrooms. Located near schools, public transportation and major highways, this Property offers both convenience and accessibility for tenants. Both units are occupied by long term tenants since before the Property was purchased. There's a generous sized driveway in the back of the property. Seller is motivated.

Full Property Details for 311 12th Ave

General

  • Price: $550,000
  • Taxes: $8,080 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3978216
  • Updated: 10/9/2025
  • Added to Site: 171 day(s) ago

Interior

  • Number of Rooms: 11

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Location

  • County: Passaic
  • Driving Directions: see maps

Heating & Cooling

  • Cooling Type: Wall A/C Unit(s)
  • Heating Type: Baseboard - Hotwater, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Unfinished
  • Roof: Flat
  • Year Built: 1900

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
  • Square Feet: 1117
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Square Feet: 1101
  • Levels/Stories: 1
  • Bedrooms: 4

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Dimensions: 25 x 72
  • Driveway/Sidewalk: Driveway-Exclusive

Financial Considerations

  • Assessment Amount: $118,100
  • Land Assmt: $40,500
  • Tax Amount: $8,080
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: personal property
  • Block: 3404
  • Lot Number: 18

Listed by Real

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Listing agent

— 311 12th Ave —

  • Real

7323971181

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 311 12th 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 311 12th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2025
Price Reduced
$550,000
-5.98%
MLS
9/05/2025
Price Reduced
$585,000
-6.4%
MLS
7/29/2025
Listed
$624,999
108.33%
MLS
12/29/2021
Sold
$300,000
—
Public Record
Get Price Alerts and Save Property
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 for 311 12th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,081
10%
$158,600
—
2022
$7,362
32%
$158,600
—
2022
$5,587
-21%
$158,600
—
2021
$7,099
13%
$158,600
4%
2019
$6,308
2%
$152,600
7%
2018
$6,178
30%
$142,800
25%
2017
$4,738
-16%
$113,900
-13%
2016
$5,649
6%
$130,200
—
2015
$5,349
-24%
$130,200
-49%
2013
$7,052
—
$257,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Real

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311 12th Ave, Paterson, NJ 07514 (MLS# 3978216) is a Multi-Family property with 2 units containing 7 bedrooms and 2 full bathrooms. 311 12th Ave is currently listed for $550,000 and was received on July 29, 2025. Want to learn more about 311 12th 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.

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