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$539,000
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Property Description
Knock knock! A great investment opportunity just opened up in the desirable South Paterson! Great for owner occupants and investors alike! This investment property offers a total of 4 Bedrooms and 3 Bathrooms. Each unit comes with it's own washer/dryer including the basement! All units can use some TLC however, it can be rented as is for quick rental income! Conveniently located minutes away from major highways such as Rt 80, Rt 46 and the Garden State Parkway! There are also tons of Bus stops within short distance! The Basement is unfinished with it's own washer/dryer as well as a full bathroom. Both units have separate utilities! There's plenty of Street Parking to choose from! Don't miss this opportunity! Schedule your own private tour asap!
Full Property Details
Full Property Details for 70 Newark Ave
General
- Price: $539,000
- Taxes: $7,719 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4030659
- Updated: 6/16/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: On-Street Parking
Location
- County: Passaic
- Driving Directions: Pacific to Newark ave
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1950
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room, Pantry
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
- Square Feet: 600
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Dimensions: 28 x 65
- Driveway/Sidewalk: On-Street Parking
Financial Considerations
- Assessment Amount: $208,800
- Land Assmt: $192,700
- Tax Amount: $7,719
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 5406
- Lot Number: 34
Listed by TERRIE O'CONNOR REALTORS
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Schools
Schools serving 70 Newark 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 70 Newark Ave
Date
Details
Price
Change
Source
6/16/2026
Price Reduced
$539,000
-1.82%
MLS
5/28/2026
Listed
$549,000
37.25%
MLS
11/13/2025
Sold
$400,000
—
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 70 Newark Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,720
—
$401,500
177%
2025
$7,720
15%
$144,700
—
2022
$6,717
4%
$144,700
—
2021
$6,477
7%
$144,700
4%
2018
$6,026
5%
$139,300
1%
2017
$5,753
-9%
$138,300
-5%
2016
$6,335
8%
$146,000
3%
2019
$5,841
-3%
$141,300
-3%
2015
$5,998
-22%
$146,000
-48%
2013
$7,719
—
$281,300
—
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 70 Newark Ave
70 Newark Ave, Paterson, NJ 07503 (MLS# 4030659) is a Multi-Family property with 2 units containing 4 bedrooms and 3 full bathrooms. 70 Newark Ave is currently listed for $539,000 and was received on May 28, 2026. Want to learn more about 70 Newark 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.

