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$879,000

  • For Sale
  • Under Contract
  • Retail
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Don't miss this incredible investment opportunity in the heart of Paterson! This mixed-use 2-family building features a fully operational pizza shop on the ground floor, providing immediate rental income, plus a spacious 3-bedroom apartment on the second floor perfect for an owner-occupant or additional rental income.But that's not all this property includes a bonus unit. Conveniently located near major roads, public transportation, and local amenities, this is a rare find with multiple income streams.

Full Property Details for 517-519 Park Ave

General

  • Price: $879,000
  • Taxes: $5,095
  • Status: Under Contract
  • Type: Retail
  • Source: NJMLS
  • MLS ID: 25001963
  • Updated: 3/11/2025
  • Added to Site: 400 day(s) ago

Rental Information

  • Rent Includes: None

Location

  • Area: Paterson
  • County: PASSAIC

Heating & Cooling

  • Heating Type: Baseboard, Gas

Utilities

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

Structural Information

  • Architectural Style: Retail

Water Features

  • Water Front Desc.: None

Financial Considerations

  • Tax Amount: $5,095

Disclosures and Reports

  • Ownership: Private
  • Flood Zone: None

Listed by United Real Estate (888) 501-6953, Esther Tejada (201) 564-8887

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Listing agent

— 517-519 Park Ave —

  • Esther Tejada

    United Real Estate

    201-564-8887

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 517-519 Park Ave

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 517-519 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2025
Sold
$750,000
-14.68%
Public Record
1/17/2025
Listed
$879,000
—
MLS
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 517-519 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,403
4%
$361,200
—
2023
$17,710
6%
$361,200
—
2022
$16,767
4%
$361,200
—
2021
$16,167
20%
$361,200
16%
2018
$13,519
10%
$312,500
5%
2017
$12,339
-4%
$296,600
—
2016
$12,869
6%
$296,600
—
2015
$12,184
-15%
$296,600
-15%
2019
$14,370
20%
$347,600
-20%
2013
$11,969
—
$436,200
—
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 517-519 Park 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 United Real Estate (888) 501-6953, Esther Tejada (201) 564-8887

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517-519 Park Avenue, Paterson, NJ 07504 (MLS# 25001963) is a Retail property. 517-519 Park Avenue is currently listed for $879,000 and was received on January 17, 2025. Want to learn more about 517-519 Park Avenue? Do you have questions about finding other Retail 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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