$699,000

54 Bloomfield Ave, Paterson City, NJ 07503

  • 5 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

RARE BUILDABLE DOUBLE LOT opportunity in the heart of South Paterson. This renovated 2-family sits on an oversized 50x100 double corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly separates this property from others on the market is the additional development potential, including the possibility to build another 2-family or expand the existing structure (subject to buyer due diligence and municipal approvals), creating long-term upside for both investors and owner-occupants.Recent upgrades include brand new siding, brand new roof, brand new first-floor windows, and a newer furnace. The property offers two separate living spaces plus a finished basement with additional usable space, making it ideal for rental income or future value-add potential.In South Paterson, parking and land are everything, and opportunities like this rarely hit the market. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, this property offers strong appeal for both homeowners and tenants alike. Whether you're looking for a move-in-ready investment or a property with future expansion potential, this is a rare opportunity you do not want to miss. Private showings available now.

Listing Status:
Active
Date Added:
June 11, 2026
Data Last Updated:
June 25, 2026 at 6:42AM
Listing Office:
THE HAMDAN GROUP : 973-798-4005
MLS ID:
4031670
  • Basement: Unfinished
  • A/C: 1 UnitCeiling Fan
  • Heating: 1 UnitGas-Natural
  • General: Vinyl Siding
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: Passaic
  • Driveway: 2 Car WidthBlacktop
  • Zoning: 2508-06809-0000-00001-0000-
  • Utilities: ElectricGas-Natural
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of THE HAMDAN GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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