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83 Madison St

Paterson City, NJ 07501
  • $399,000
  • STATUS: Active Under Contract
  • ON SITE: 204 Days
  • MLS #: 3989414
Under Contract
UPDATED: 160 min ago
$399,000
  • 10
    BEDS
  • 0.11
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:

School Ratings & Info

Description

Bankruptcy Sale. This property consists of two buildings with bonus units. Both buildings have walk-out basements. The sale for this and other properties is taking place on October 22nd at the Wyndham Garden Totowa, featuring five multi-family and mixed-use properties in Paterson. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. BUILDING OCCUPIED. DO NOT APPROACH TENANTS.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Aleksandr Pritsker | EXP Realty. Notice: The dissemination of listings on this website 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 data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Aleksandr Pritsker | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-19T23:48:35.91.
www.blackstarsells.com/homes/168314948
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83 Madison St Paterson City, NJ 07501

  • Price: $399,000
  • Status: Active Under Contract
  • On Site: 204 Days
  • Updated: 160 min ago
  • MLS #: 3989414
10
Beds
6
Baths
0
½ Baths
0.11
Acres
County:
Passaic
Area:
Paterson City
Property Description
Bankruptcy Sale. This property consists of two buildings with bonus units. Both buildings have walk-out basements. The sale for this and other properties is taking place on October 22nd at the Wyndham Garden Totowa, featuring five multi-family and mixed-use properties in Paterson. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. BUILDING OCCUPIED. DO NOT APPROACH TENANTS.
Exterior Features

Approximate Lot Size 50X100 Exterior Description See Remarks Number Of Parking Spaces 0 Parking Driveway Description On-Street ParkingSee Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Walkout Cooling See Remarks Heating See Remarks Total Number Of Rooms 14 Unit1 Appliances Equipment See Remarks Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description See Remarks Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment See Remarks Unit2 Baths 1.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description See Remarks Unit2 Rooms 6 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description See Remarks Unit3 Rooms 4 Unit3 Sq Ft 0 Unit4 Appliances Equipment See Remarks Unit4 Baths 1.0 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description See Remarks Unit4 Rooms 5 Unit4 Sq Ft 0

Property Features

Assessment Total 362800 Building Assessment 332400 Easement Unknown Fha Age Restricted No Fuel Type ElectricGas-NaturalSee Remarks Gross Operating Income 102000 Land Assessment 30400 Net Operating Income 0 Sewer Public Sewer Tax Amount 18484 Tax Rate Amount 5.095 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style See Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 2000 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1500 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2000 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 1500 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-753-1313.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Aleksandr Pritsker | EXP Realty. Notice: The dissemination of listings on this website 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 data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Aleksandr Pritsker | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-19T23:48:35.91.
 
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Aleksandr Pritsker | EXP Realty
28 Valley Rd, Suite 1
Montclair NJ, 07042