54 17Th Ave, Paterson City, NJ 07501
Passaic County
Key Facts
Description
Exceptional investment opportunity this well-maintained 5-unit apartment building 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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1950
Lot Size
0.12 acres
Ownership
Fee Simple
Days on Market
3
MLS® Listing#
4039186
Property Features
Cooling
Heating
Basement
Lot Features
Construction
Roof
Security
Sewer
Water Source
Financial Details
Annual Taxes
$20,144
Tax year 2025
Assessed Value
$800,000
Parcel Number
2508-04106-0000-00001-0000-
Directions
Madison ave to 17th ave
Affordability Calculator
$260,000
Estimated monthly payment
$6,919/mo
Principal $1,040,000 · Est. interest $1,450,893 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Paterson City, NJ
- $614,325
- Median Listing Price
- 48
- Median Days on Market
- 1,380
- Median Sq Ft
- $423
- Median Price / Sq Ft
- 3,231
- Active Listings
- This home’s price is 112% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Paterson City, NJ.
Location
Points of Interest in Paterson City, NJ
Showing the Paterson City area map.
Nearby Schools
New Roberto Clemente
Secondary · 0.1 mi away
Roberto Clemente Elementary School
Elementary · 0.1 mi away
Eastside High School
Secondary · 0.2 mi away
School 15
Elementary · 0.3 mi away
Paterson Public School
Elementary · 0.3 mi away
A Eastwick Education
School · 0.3 mi away
Amazin Kids Paradise Academy
School · 0.4 mi away
Number 11 Elementary School
Elementary · 0.4 mi away
Philip's Academy Charter School of Paterson
Elementary · 0.4 mi away
Edward W. Kilpatrick
Elementary · 0.5 mi away
A Whole New World Pre-School
School · 0.5 mi away
Paterson Public School
Elementary · 0.5 mi away
PPS
School · 0.5 mi away
14th Avenue Early Learning Center
School · 0.5 mi away
Dr. Martin Luther King Junior Educational Complex
Elementary · 0.6 mi away
Alexander Hamilton Academy
School · 0.6 mi away
School 16
Elementary · 0.6 mi away
Dale Avenue Elementary School
Elementary · 0.6 mi away
Panther Academy
School · 0.7 mi away
Rosa Parks High School
Secondary · 0.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 345 Summer Ave, Newark City, NJ | $910,000 | 6 | 4 | 2,040 |
| 410 N HUNTINGTON AVENUE, MARGATE CITY, NJ | $919,900 | 3 | 3 | 1,796 |
| 294 298 Broadway, Paterson City, NJ | $919,999 | — | — | 7,649 |
| 116 Chapel St, Newark City, NJ | $920,000 | 8 | 5 | 2,800 |
| 221 COLUMBIA AVE 1, Jersey City, NJ | $924,000 | 4 | 4 | 2,245 |
| 626 SUMMIT AVE 1706, Jersey City, NJ | $924,000 | 2 | 2 | 910 |
Moving Cost Estimate
EXIT Agents in Paterson City
Listing Courtesy: TES REALTY GROUP, INC. - 2019051114