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$689,900

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 5 days ago
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Attention Investors and First-Time Buyers! Don't miss this incredible opportunity to own a legal 3-unit property and live virtually rent-free while generating rental income. This well-maintained property features all separate utilities, a finished basement, and spacious apartments with 3 bedrooms on the first and second floors. The third-floor apartment offers 1 bedroom, providing additional rental potential. The first-floor unit is vacant, making it ideal for an owner-occupant or immediate rental. Additional highlights include a large backyard, a roof that is only 2 years old, and a convenient location close to shopping, public transportation, schools, and major highways. Excellent investment opportunity with strong income potential. Easy to show! NUMBER OF HOUSE IS 393

Full Property Details for 395 Madison Ave

General

  • Price: $689,900
  • Taxes: $11,406
  • Status: Active
  • Type: Multi-Family
  • Source: NJMLS
  • MLS ID: 26023186
  • Updated: 6/22/2026
  • Added to Site: 20 day(s) ago

Interior

  • Number of Rooms: 13

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Basement

Location

  • Area: Paterson
  • County: PASSAIC

Utilities

  • Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water

Structural Information

  • Architectural Style: 3 Family

Financial Considerations

  • For Sale: Yes
  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $11,406

Listed by Casa Real Property Group LLC (973) 684-1110, Nancy Pavic (973) 684-3088

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Listing agent

— 395 Madison Ave —

  • Nancy Pavic

    Casa Real Property Group LLC

    973-684-3088

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 395 Madison Ave

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 395 Madison Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/20/2026
Listed
$689,900
345.1%
MLS
7/30/2013
Sold
$155,000
—
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 395 Madison Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,065
—
$528,800
155%
2025
$11,065
15%
$207,400
—
2022
$9,628
4%
$207,400
—
2021
$9,283
7%
$207,400
4%
2018
$8,639
3%
$199,700
-1%
2019
$8,375
2%
$202,600
2%
2017
$8,245
-9%
$198,200
-5%
2016
$9,073
6%
$209,100
—
2015
$8,590
-15%
$209,100
-43%
2013
$10,070
—
$367,000
—
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 for 395 Madison Ave

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Casa Real Property Group LLC (973) 684-1110, Nancy Pavic (973) 684-3088

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395 Madison Avenue, Paterson, NJ 07524 (MLS# 26023186) is a Multi-Family property with units containing 7 bedrooms and 4 full bathrooms. 395 Madison Avenue is currently listed for $689,900 and was received on June 20, 2026. Want to learn more about 395 Madison Avenue? 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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