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$899,000 Just Listed
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Property Description
Introducing this brand-new luxury 2-family home in South Paterson, offering a total of 6 bedrooms and 5 full bathrooms, including two identical units each featuring 3 bedrooms, 2 full baths, a spacious living room, dining room, and a private primary suite with its own bath, plus a ground-level studio with a full bathroom ideal for guests or rental income. This newly constructed property boasts modern finishes, an attached garage, and an unbeatable location just steps from local restaurants, the library, shops, and NYC buses perfect for those seeking comfort, convenience, and exceptional investment potential .Enjoy a low $3,000/year property tax rate under a 5-year tax abatement, making this an opportunity you don't want to miss.
Full Property Details
Full Property Details for 5 Montclair Ave
General
- Price: $899,000
- Taxes: $1,531 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4032020
- Updated: 6/3/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 8
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Passaic
- Driving Directions: Hazel St OR Main St to Montclair Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- 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.: Finished
- Roof: Asphalt Shingles
- Year Built: 2025
- Remodeled/Updated: 2024
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100 SUB(15)INC
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Land Assmt: $28,700
- Tax Amount: $1,531
- Tax Year: 2025
Disclosures and Reports
- Block: 6811
- Lot Number: 15.01
Listed by Gild Realty
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Schools
Schools serving 5 Montclair 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 5 Montclair Ave
Date
Details
Price
Change
Source
6/03/2026
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5 Montclair Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
—
$28,700
—
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 5 Montclair Ave
5 Montclair Ave, Paterson, NJ 07503 (MLS# 4032020) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 5 Montclair Ave is currently listed for $899,000 and was received on June 03, 2026. Want to learn more about 5 Montclair 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.

