#3973281, Listing office: KELLER WILLIAMS TEAM REALTY

494-496 Park Ave Paterson, NJ 07504
Property details
About 494-496 Park Ave
Calling all investors and first time homebuyers. This versatile 2 Family home is a fantastic investment opportunity in a great neighborhood. The property comprises 2 apartments the First Floor unit has 5 rooms with two bedrooms eat-in kitchen living room and a full bath. The 2nd unit is comprised of the 2nd and 3rd floors and has 3 large bedrooms one with large closet and private bathroom. Formal living room, dining room, kitchen, and bathroom. Third Floor has an additional 2 comfortable bedrooms, family room area and full bathroom. Ideally located just a short distance from train & bus stops, commuting is a breeze, and no car is necessary. Additionally, there are separate utilities. On-street parking is permitted and is easy to find. Whether looking for a prime rental income property or a convenient urban lifestyle, this home offers all of that and more.
Highlights
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 7
- List Price: $575,000
- MLS Number: 25009714
- Office Name: Elite Real Estate Group
- Office Phone: (201) 944-9000
- Listing Agent: Dave M Delorme
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Last updated on: 7/14/2025, 7:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Nearby schools
4
Gilbert Avenue School
Public District KG-5
0.5 mi
•151 Gilbert Ave
6
School 1
Public District KG-5
0.8 mi
•1 E 32nd St
6
Sixteenth Avenue School
Public District PK-5
0.9 mi
•73 16th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $93,478. Residents of Paterson, NJ typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 494-496 Park Ave
The listing price of 494-496 Park Ave property is $575,000.
The property 494-496 Park Ave is a multi located in Paterson, New Jersey, 07504.
Active Listing: 494-496 Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 494-496 Park Ave are: Gilbert Avenue School (GreatSchools Rating 4/10), School 1 (GreatSchools Rating 6/10), Sixteenth Avenue School (GreatSchools Rating 6/10), Memorial Middle School (GreatSchools Rating 5/10), Don Bosco Academy (GreatSchools Rating 2/10), School 20 (GreatSchools Rating 3/10), Memorial Senior High School (GreatSchools Rating 2/10), Rosa L. Parks School of Fine and Performing Arts (GreatSchools Rating 1/10), Fair Lawn High School (GreatSchools Rating 7/10).
This home is located at 494-496 Park Ave in Paterson, NJ and zip code 07504 in the Eastside Park neighborhood. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $575,000.
Between May and June 2025, Paterson, NJ real estate market has seen increase in the number of listings by 25.9%. In June 2025 median list price was $499,900 and the average listing age was 80 days.