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$879,900

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
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**LOW TAXES--4895**Mixed-Use Building Offers Fantastic Income Potential And Is Situated On A Corner Lot For Maximum Visibility And Accessibility. Each Residential Unit Features 5 Bedrooms, New Kitchen, Living Rm And Updated Bath. Perfect For Large Households Or High-Yield Rental. First Floor Is A Commercial Space With Street-Level Access For Office Or Service Based Business. Large Unfinished Basement. Excellent Exposure On A Busy Corner With Plenty Of Foot Traffic. Updated Interiors Reduce Maintenance Costs. Mixed-Use Zoning Offers Flexibility And Long-Term Value. Easy Access To Highways, Transportation, Shopping & Local Amenities. Two New Furnaces & 2. New Stoves to Be Installed

Full Property Details for 523 Park Ave

General

  • Price: $879,900
  • Taxes: $4,895 (2030)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3996244
  • Updated: 11/24/2025
  • Added to Site: 72 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 10

Exterior

  • Exterior Features: Curbs

Location

  • County: Passaic
  • Driving Directions: Route 20 To 33rd to Park

School Information

  • High School: EASTSIDE

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: 2 Units
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: See Remarks

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: See Remarks
  • Year Built: 9999

Unit Information

Unit 1

  • Unit Description: See Remarks, Utility Room
  • Levels/Stories: 1
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 2
  • Total Bathrooms: 1
  • Bedrooms: 5

Unit 3

  • Unit Description: Bedrooms, Kitchen, Living Room
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 5

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Dimensions: 25 x 71
  • Driveway/Sidewalk: On-Street Parking
  • Zoning: B-1
  • Lot Description: Corner

Financial Considerations

  • Assessment Amount: $44,400
  • Land Assmt: $48,800
  • Tax Amount: $4,895
  • Tax Year: 2030

Disclosures and Reports

  • Disclosures: Yes
  • Block: 8605
  • Lot Number: 10
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 523 Park Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 523 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 523 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/05/2025
Listed
$879,900
33.32%
MLS
3/19/2025
Sold
$660,000
—
Public Record
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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 523 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,749
4%
$93,200
—
2023
$4,570
6%
$93,200
—
2022
$4,326
4%
$93,200
—
2021
$4,172
8%
$93,200
—
2019
$3,853
-33%
$93,200
-30%
2018
$5,749
12%
$132,900
8%
2017
$5,142
-4%
$123,600
—
2016
$5,363
6%
$123,600
—
2015
$5,077
-55%
$123,600
-70%
2013
$11,278
—
$411,000
—
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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523 Park Ave, Paterson, NJ 07504 (MLS# 3996244) is a Multi-Family property with 3 units containing 10 bedrooms, 2 full bathrooms and 1 partial bathroom. 523 Park Ave is currently listed for $879,900 and was received on November 05, 2025. This property is listed by Mary Contini from our Wayne Office.Want to learn more about 523 Park 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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