550 River St
Paterson City, NJ 07524
Price: $489,000
GSMLS: 4014153Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 5
Baths: 3 Full
Garage: No
Year Built: 1900
Acres: 0.06
Property Tax: $6,129
Description
Welcome to this well-located multi-family property offering 5 bedrooms and 3 full bathrooms, plus a walk-up bonus third floor that adds versatility and strong investment potential. Great opportunity for investors or first time buyers. The first-floor unit features two bedrooms and one full bathroom. The second and third floors are combined into one spacious unit, offering generously sized bedrooms, multiple bathrooms, and ample living space for comfortable everyday living. The basement provides additional storage, and separate utilities add convenience for both units. Enjoy a private backyard, perfect for outdoor relaxation or entertaining.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
None
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Porch
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Paterson City
Neighborhood:
n/a
Financial Considerations
List Price:
$489,000
Tax Amount:
$6,129
Land Assessment:
$114,800
Build. Assessment:
$223,700
Total Assessment:
$338,500
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4014153
List Date:
03-12-2026
Days On Market:
0
Listing Broker:
3SIXTY REALTY LLC
Listing Agent:
Pamela Iparraguirre
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com
