955 Madison Ave 3, Paterson City, NJ 07501

• 7 beds |
• 3 baths

Property Description

Excellent opportunity for owner-occupants or investors seeking to build equity. This spacious three-family property offers approximately 3,500+ square feet of living space and features Separate Utilities, Two 3-Bedroom units, One 1-bedroom unit, a Large Unfinished basement, and 1 Car detached garage. Improvements include Three New Gas Boilers, Three New Hot Water Heaters, Two Newer kitchens, and Mostly All Newer Windows. One unit is currently occupied while two units are vacant, providing flexibility for immediate occupancy, owner occupancy, or rental income potential. While the property may require some TLC and updating, it presents an excellent opportunity for cash buyers, contractors, investors, or purchasers utilizing renovation financing such as FHA 203(k), HomeStyle, or similar rehabilitation loan programs.Property is being sold strictly AS-IS. Seller will make no repairs nor provide any credits. Property includes a Shared Driveway providing access to the rear garage area. Buyers are encouraged to conduct their own due diligence regarding property condition, easements, permits, zoning, and municipal requirements.

Listing Status:

Active

Data Last Updated:

June 17, 2026 at 4:40PM

Listing Office:

BUILDINGS REALTY LLC : 973-246-7040

MLS ID:

4032600

Interior

• General: Fire ExtinguisherSee RemarksSmoke DetectorTile FloorsVinyl-Linoleum FloorsWood Floors
• Basement: FullUnfinished
• A/C: Window A/C(s)
• Heating: 3 UnitsRadiators - SteamGas-NaturalSee Remarks

Exterior

• General: Aluminum SidingSee RemarksVinyl SidingMetal FencePartially FencedSidewalkThermal Windows/Doors
• Parking: Parking spaces: 0

Construction

• Roofing: Asphalt Shingle

Location

• County: Passaic

Lot

• Driveway: Driveway-Shared
• Zoning: 2508-08901-0000-00035-0000-

Utilities

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

Financial

• Exclusions: Tenant and Personal Items