New - 4 days on Rocket
$9,203 Closing Credit¹
#25005800, Matthew Rowack, Listing Office: EXP Realty, LLC
$499,000 List price
523 Park Ave Paterson City, NJ 07504
$5,926
Closing credit¹
10 beds
2 full, 1 partial
0.04 acres
Multi-Family
Property details
About 523 Park Ave
Bankruptcy. Ground floor retail with two oversized apartments on the 2nd and 3rd floors. Mostly rehabbed, needs systems (furnace, water heaters, etc). List price is the reserve. The sale for this and other properties is taking place on March 19th at the Wyndham Garden Totowa, featuring seven (7) 2-4 multi-family and mixed-use properties in Paterson and Hawthorne, NJ. Includes both income-producing and non-income-producing properties, ideal for investors looking for existing income, and/or fix and flips. Unique opportunity. Properties are each being sold individually, all free and clear of liens, back taxes, etc. Low published reserve prices. Download executive summary for detailed information.In re: Chapter 11 Bankruptcy Case No.: 23-17272 (SLM), WHAIRHOUSE LIMITED LIABILITY COMPANY, IN THE UNITED STATES BANKRUPTCY COURT DISTRICT OF NEW JERSEY.
Highlights
Home typeMulti Family
HeatingOther, Natural Gas
StatusActive
CoolingOther
BasementYes
Lot size0.04 Acres
Year built
ParkingOn-Street Parking
MLS #3947476
Summary
- MLS Number: 3947476
- Office Name: INTEGRATED PROPERTY GROUP LLC
- Office Phone: (973) 753-1313
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Last updated on: 3/2/2025, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
523 Park Ave
$5,926
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
School 1
Public District KG-5
0.6 mi
•1 E 32nd St
3
Roberto Clemente
Public District KG-5
0.9 mi
•434 Rosa Parks Blvd
4
Gilbert Avenue School
Public District KG-5
1.0 mi
•151 Gilbert 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 $39,896. The majority of Paterson City, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
45%
35k-100k
4%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
35%
Single, No Kids
25%
Single, with Kids
18%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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$10,000 Closing Credit¹
#25002814, Mariah Villazone-Maravi, Listing Office: Realty One Group Paramount
This home is located at 523 Park Ave in Paterson City, NJ and zip code 07504 in the 3rd Ward neighborhood. Features: 10 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $499,000.
The number of listings in Paterson City, NJ increased by 27.9% between January and February 2025. In February 2025, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $475,000.
From Rocket Homes Real Estate and based on county public records data.