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$749,000 Just Listed
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Property Description
Rare opportunity in the heart of South Paterson. Endless Opportunities at this renovated two-family that sits on an oversized 50x100 corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly sets this property apart is the ability for future expansion or potential to build an additional structure, adding a unique layer of value rarely seen in this market (subject to buyer due diligence and municipal approvals).Recent upgrades include brand new siding, a brand new roof, brand new first-floor windows, and a newer furnace. The property features two units with separate living spaces, making it ideal for both investors and first-time owner-occupants. The finished basement adds additional usable space, while the lot size and corner positioning provide flexibility and long-term value. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, making this an extremely accessible and desirable location for both living and renting.
Full Property Details
Full Property Details for 54 Bloomfield Ave
General
- Price: $749,000
- Taxes: $10,536 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4023499
- Updated: 5/2/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 9
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Passaic
- Driving Directions: Main St to Bloomfield Ave
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: 2 Units, See Remarks
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1940
- Remodeled/Updated: 2025
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Attic, Bedrooms, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.12
- Lot Dimensions: 50 x 100
- Driveway/Sidewalk: 2 Car Width, Blacktop, See Remarks
- Lot Description: Corner
Financial Considerations
- Assessment Amount: $282,000
- Land Assmt: $215,000
- Tax Amount: $10,536
- Tax Year: 2025
Disclosures and Reports
- Block: 6809
- Lot Number: 1
Listed by The Hamdan Group
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Schools
Schools serving 54 Bloomfield 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 Bloomfield Ave
Date
Details
Price
Change
Source
5/02/2026
Listed
$749,000
29.14%
MLS
1/09/2023
Sold
$580,000
—
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 54 Bloomfield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,063
10%
$197,500
—
2022
$9,168
29%
$197,500
—
2021
$7,102
-14%
$197,500
4%
2018
$8,228
5%
$190,200
1%
2017
$7,858
-9%
$188,900
-5%
2016
$8,648
6%
$199,300
—
2015
$8,187
3%
$199,300
3%
2019
$7,987
-23%
$193,200
-31%
2013
$10,389
—
$278,600
—
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 Bloomfield Ave
54 Bloomfield Ave, Paterson, NJ 07503 (MLS# 4023499) is a Multi-Family property with 2 units containing 5 bedrooms and 2 full bathrooms. 54 Bloomfield Ave is currently listed for $749,000 and was received on May 02, 2026. Want to learn more about 54 Bloomfield 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.

