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$1,179,000
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Property Description
Exceptional investment opportunity this well-maintained 5-unit apartment building plus basement. delivers stable income, strong rental demand, and long-term upside. The property features a balanced mix of spacious units, each offering comfortable layouts, good natural light, and reliable tenancy. Recent updates include new electrical panels, refreshed common areas, and low maintenance exterior enhancements. Convenient access to local shopping, transportation, parks, and major highways, making this an ideal location for consistent occupancy. the building presents additional value-add potential through increasing rents or developement.
Full Property Details
Full Property Details for 54 17th Ave
General
- Price: $1,179,000
- Taxes: $20,144 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4044694
- Updated: 8/4/2026
- Added to Site: 23 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 16
Exterior
- Color: White
Location
- County: Passaic
- Driving Directions: Madison ave to 17th ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 1 Unit
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Gas In Street
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 1950
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 50 x 103
- Driveway/Sidewalk: 2 Car Width
Financial Considerations
- Expenses: Gas, Insurance, Maintenance, Taxes
- Assessment Amount: $535,600
- Land Assmt: $264,400
- Tax Amount: $20,144
- Tax Year: 2025
Disclosures and Reports
- Block: 4106
- Lot Number: 1
Listed by Tes Realty Group, Inc.
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Schools
Schools serving 54 17th 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 54 17th Ave
Date
Details
Price
Change
Source
8/04/2026
Listed
$1,179,000
—
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 54 17th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,145
—
$800,000
112%
2025
$20,145
9%
$377,600
—
2023
$18,514
6%
$377,600
—
2022
$17,528
11%
$377,600
—
2020
$15,765
21%
$377,600
25%
2018
$13,069
8%
$302,100
4%
2017
$12,131
-4%
$291,600
—
2016
$12,653
-19%
$291,600
-23%
2019
$15,610
30%
$377,600
29%
2015
$11,979
40%
$291,600
12%
2013
$8,531
—
$260,900
—
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 54 17th Ave
54 17th Ave, Paterson, NJ 07501 (MLS# 4044694) is a Multi-Family property with 4 units containing 16 bedrooms and 7 full bathrooms. 54 17th Ave is currently listed for $1,179,000 and was received on August 04, 2026. Want to learn more about 54 17th 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.

