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$750,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 1 day ago
See This Home
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Great Investment Opportunity or Owner-Occupied Home in the Desirable Hillcrest Area!Don't miss the opportunity to own this newly updated two-family home in the desirable Hillcrest area. Offering excellent potential for rental income, this property is an ideal opportunity for investors or owner-occupants looking to build equity while enjoying the benefits of a multi-family home. Conveniently located near major highways, public transportation, schools, restaurants, shopping, and banks, it offers easy access to everyday essentials and commuting routes.A property with so much to offer, this home combines a great location, comfortable living, and exciting income potential all in one opportunity. Whether you're looking to invest, generate rental income, or find a home with room to make it your own, this property offers plenty of possibilities.Property is being sold "AS-IS.

Full Property Details for 428-430 Preakness Ave

General

  • Price: $750,000
  • Taxes: $11,950 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4058367
  • Updated: 10/12/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 10
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Exterior

  • Exterior Features: See Remarks

Parking

  • Garage Description: See Remarks

Location

  • County: Passaic
  • Driving Directions: On Preakness Ave & Corner of Chatham Ave

School Information

  • Elementary School: NUMBER 27
  • Middle School: JFK
  • High School: JFK

Heating & Cooling

  • Cooling Type: Wall A/C Unit(s)
  • Heating Type: Radiators - Steam
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

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

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished-Partially
  • Roof: Asphalt Shingles
  • Year Built: 1978
  • Remodeled/Updated: 2025

Unit Information

Unit 1

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

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch, Master Bedroom
  • Square Feet: 2
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 50 x 116
  • Driveway/Sidewalk: Additional Parking
  • Lot Description: Corner

Financial Considerations

  • Expenses: See Remarks
  • Assessment Amount: $289,700
  • Land Assmt: $202,900
  • Tax Amount: $11,950
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 1202
  • Lot Number: 13

Listed by Coldwell Banker Susani Realty

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Listing agent

— 428-430 Preakness Ave —

  • Coldwell Banker Susani Realty

973-790-6996

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

Price & Sales History for 428-430 Preakness Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/12/2026
Listed
$750,000
117.39%
MLS
1/19/2024
Sold
$345,000
—
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 428-430 Preakness Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,950
—
$492,600
120%
2025
$11,950
9%
$224,000
—
2023
$10,983
6%
$224,000
—
2022
$10,398
4%
$224,000
—
2022
$9,959
2%
$224,000
—
2021
$9,734
5%
$224,000
5%
2018
$9,258
5%
$214,000
1%
2017
$8,786
-5%
$211,200
-1%
2016
$9,233
6%
$212,800
—
2015
$8,742
-3%
$212,800
-2%
2019
$8,971
10%
$217,000
-27%
2013
$8,125
—
$296,100
—
View All
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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with our affiliated lender
NMLS#: 1598647

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Listed by Coldwell Banker Susani Realty

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428-430 Preakness Ave, Paterson, NJ 07502 (MLS# 4058367) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 428-430 Preakness Ave is currently listed for $750,000 and was received on October 12, 2026. Want to learn more about 428-430 Preakness 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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