1 month on rocket

Sale Pending

790 Madison Ave Unit 3, Paterson City, NJ, 07501

$500,000

Home List Price

$5,938*

Closing Credit

7 Bedrooms
3 Full Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

790 Madison Ave Unit 3, Paterson$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1950
HeatingOther, Natural Gas
CoolingOther
BasementYes
MLS #3891028
Lot Size0.06 Acres
StatusSale Pending
(Under Contract)

About 790 Madison Ave Unit 3

. Wonderful investment opportunity in prime location in Paterson. This 3 unit building has updates throughout and is fully rented. Two of the three Units are identical, both have 3 bedrooms & one full bathroom, kitchen, dinning room, and living rooms. Unit 3 is 1 bedroom, 1 bathroom, kitchen & living room. Don't miss out on this perfect opportunity to own a great investment property.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story
  • Year Built: 1950

Listing Office:

  • Office Name: RE/MAX HOUSE VALUES
  • Office Phone: (973) 770-7777

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: Yes
  • Interior: Tile Floors, Vinyl-Linoleum Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Other, Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: Madison Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Paterson, NJ.

Map thumbnail provided by MapBox

Paterson, NJ

City

Med. List Price

$446K

Med. Price/SqFt

$224

Avg. Days On Market

88

# of Sold Homes

17

790 Madison Ave Unit 3 vs Paterson

43 DAYS ON ROCKET

-45 Days

$500,000

+$54K More

KEY TAKEAWAY

This property is $54K more than the Median List Price in Paterson, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3891028

Listing Office:

  • Office Name: RE/MAX HOUSE VALUES
  • Office Phone: (973) 770-7777

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2716394
2
/10

  • Roberto Clemente

  • 434 Rosa Parks Blvd

  • 0.18 miles

  • Public District Grades KG-4

school-card-donut-2716395
3
/10

  • School 15

  • 98 Oak St

  • 0.32 miles

  • Public District Grades PK-5

school-card-donut-2716396
2
/10

  • Edward W Kilpatrick

  • 295-315 Ellison St

  • 0.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,163. Typical income of Paterson, NJ residents is less than $35k annually. The majority of families are single, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Passaic County›Paterson›07501›790 Madison Ave Unit 3

This home is located at 790 Madison Ave Unit 3 in Paterson City, NJ and zip code 07501 in the 5th Ward neighborhood. This home, which was built in 1950, sits on a 0.06 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 16, 2024 and is currently priced at $500,000.

The inventory of homes for sale in Paterson, NJ between February 2024 and March 2024 increased by 23.3%. In March 2024 median list price was $446,000 and the average listing age was 88 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources