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$859,000
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Property Description
Investment opportunity!This four units building is excellent for owner occupied or to expand an investor portfolio.First Fl left and right, two bedrooms units and the 3rd and 4th units are duplex with 6 bedrooms and 5 bedrooms.Separate utilities and an unfinished basement with a lot of potential.Located close to the park,houses of worship, school and public transportation.
Full Property Details
Full Property Details for 38-40 Redwood Ave #4
General
- Price: $859,000
- Taxes: $15,707 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 3997452
- Updated: 12/3/2025
- Added to Site: 68 day(s) ago
Interior
- Number of Rooms: 25
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 15
Parking
- Garage Description: On-Street Parking, See Remarks
Location
- County: Passaic
- Driving Directions: Union Ave or Totowa Ave to Redwood Ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: All Underground, Electric, Gas In Street, Cable TV Available
Structural Information
- Architectural Style: Fourplex
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1940
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 5
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 6
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 45 x 100
- Driveway/Sidewalk: See Remarks
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $256,700
- Land Assmt: $51,600
- Tax Amount: $15,707
- Tax Year: 2024
Disclosures and Reports
- Block: 914
- Lot Number: 41
Listed by Exp Realty, Llc
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Schools
Schools serving 38-40 Redwood Ave #4
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 38-40 Redwood Ave #4
Date
Details
Price
Change
Source
11/12/2025
Listed
$859,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 38-40 Redwood Ave #4
38-40 Redwood Ave #4, Paterson, NJ 07522 (MLS# 3997452) is a Multi-Family property with 4 units containing 15 bedrooms and 4 full bathrooms. 38-40 Redwood Ave #4 is currently listed for $859,000 and was received on November 12, 2025. Want to learn more about 38-40 Redwood Ave #4? 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.

