$715,000

50 Albion Ave, Paterson City, NJ 07502

7 beds |
3 baths

Multi-Family Home
Built in 2009
2,614sqft lot
—— car garage
$——/sqft
Listed 10 days ago

Property Description

Welcome to 50 Albion Ave, a well-maintained and highly versatile two-family property in the sought-after Totowa section of Paterson. Designed for both strong rental performance and comfortable living, each unit features 2 bedrooms and 1 full bath, along with a modern open-concept layout that seamlessly connects the living, dining, and kitchen areas. Central air and a private driveway add even more comfort and convenience. The second-floor unit has been fully renovated with a brand new kitchen, updated bathroom, and new appliances delivering a clean, turnkey finish that today's tenants and buyers demand. The above-ground finished basement features an additional 3 bedrooms and a full bath, creating flexible living space ideal for extended occupancy, guest quarters, or additional recreational space. Strategically located near major highways, shopping, and everyday conveniences, this property checks all the boxes for investors and owner-occupants alike: updated interiors, functional layout, and strong upside. A rare, move-in-ready multi-family with built-in income and versatility.

Listing Status:: Active
Date Added:: April 17, 2026
Data Last Updated:: April 25, 2026 at 6:40AM
Listing Office:: GILD REALTY : 973-333-2959
MLS ID:: 4021037

Basement: Finished
A/C: 2 UnitsCentral Air
Heating: 2 UnitsForced Hot AirGas-Natural

General: Vinyl Siding
Parking: Parking spaces: 2

Roofing: Asphalt Shingle

County: Passaic

Driveway: 1 Car WidthDriveway-ExclusiveOff-Street Parking
Zoning: 2508-00916-0000-00025-0000-

Utilities: ElectricGas-Natural
Water: Public Water
Sewer: Public Sewer

This listing courtesy of GILD REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

School 5

430 Totowa Ave, Paterson, NJ, 07502

Grades KG-5

0.14 miles away

School 2

22 Passaic St, Paterson, NJ, 07501

Grades KG-8

0.53 miles away

School of Education and Training

61-127 Preakness Avenue, Paterson, NJ, 07522

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.