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$769,000
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Property Description
Income Producing Property. Seperate Heat & Electric. Located in A High Traffic Area. Roof Is Aprx 10 Years Old. 2 Units On The 1St Floor Consisting Of A Restaurant & Baber Shop. 2 - 3 Bedroom Apts On The 2Nd Floor.
Full Property Details
Full Property Details for 515-517 Park Ave
General
- Price: $769,000
- Taxes: $15,743 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4023861
- Updated: 4/28/2026
- Added to Site: 36 day(s) ago
Business
- Includes: Building & Land
Rooms
Bathrooms
- Total Bathrooms: 4
- Restrooms: 4
Additional Information
- Equipment: Smoke Detector
Parking
- Parking: On-Street Parking
Location
- County: Passaic
- Driving Directions: VREELAND AVE TO PARK AVE
- Location Details: Business District, Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Stories in Building: 2
- Square Feet: 3,600
- Year Built: 1040
Unit Information
- 3 Bedroom Units: 2
- Units w/Full Bath: 2
- Units w/Half Bath: 2
Lot Features
- Lot Size (Acres): 0.08
- Lot Size: 33X100
- Zoning: R2
Financial Considerations
- Price Per Sq. Ft.: $180
- Assessment Amount: $787,900
- Land Assmt: $207,900
- Tax Amount: $15,743
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 2508-08605-0000-00013-0000-
- Block: 8605
- Lot Number: 13
Listed by Nicholas Real Estate Agency
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Schools
Schools serving 515-517 Park 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 515-517 Park Ave
Date
Details
Price
Change
Source
4/28/2026
Listed
$769,000
11.61%
MLS
10/02/2022
Sold
$689,000
—
Public Record
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 515-517 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,035
4%
$295,100
—
2023
$14,469
6%
$295,100
—
2022
$13,699
4%
$295,100
—
2021
$13,209
13%
$295,100
4%
2019
$11,741
6%
$284,000
11%
2018
$11,044
10%
$255,300
5%
2017
$10,080
-4%
$242,300
—
2016
$10,513
6%
$242,300
—
2015
$9,954
-7%
$242,300
-38%
2013
$10,702
—
$390,000
—
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
Estimate the Cost for 515-517 Park Ave
515-517 Park Ave, Paterson, NJ 07504 (MLS# 4023861) is a Commercial property. 515-517 Park Ave is currently listed for $769,000 and was received on April 28, 2026. Want to learn more about 515-517 Park Ave? Do you have questions about finding other Commercial real estate for sale in Paterson? You can browse all Paterson real estate or contact a Coldwell Banker agent to request more information.

