50 Albion Ave
Paterson City, NJ 07502
Price: $715,000
GSMLS: 4021037Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 2009
Acres: 0.06
Property Tax: $9,336
Description
Welcome to 50 Albion Ave, a well-maintained and highly versatile two-family property in the sought-after Totowa section of Paterson. Designed for both strong rental performance and comfortable living, each unit features 2 bedrooms and 1 full bath, along with a modern open-concept layout that seamlessly connects the living, dining, and kitchen areas. Central air and a private driveway add even more comfort and convenience.The second-floor unit has been fully renovated with a brand new kitchen, updated bathroom, and new appliances delivering a clean, turnkey finish that today's tenants and buyers demand.The above-ground finished basement features an additional 3 bedrooms and a full bath, creating flexible living space ideal for extended occupancy, guest quarters, or additional recreational space.Strategically located near major highways, shopping, and everyday conveniences, this property checks all the boxes for investors and owner-occupants alike: updated interiors, functional layout, and strong upside. A rare, move-in-ready multi-family with built-in income and versatility.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, Driveway-Exclusive, Off-Street Parking
Spaces Available:
2
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
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:
2 Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, 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:
$715,000
Tax Amount:
$9,336
Land Assessment:
$159,800
Build. Assessment:
$461,700
Total Assessment:
$621,500
Tax Rate:
5.34
Tax Year:
2025
Listing Information
MLS ID:
4021037
List Date:
04-15-2026
Days On Market:
0
Listing Broker:
GILD REALTY
Listing Agent:
Mohamed Aly
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHomeHunter.com
