1 of 2 - 523 Park Avenue, Paterson, NJ Save the listing
2 of 2 - 523 Park Avenue, Paterson, NJ

523 Park Avenue, Paterson, NJ

$799,000

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About 523 Park Avenue

Location, Location, Location! Exceptional investment opportunity on a highly visible corner lot at Park Avenue and East 33rd Street. This mixed-use property features two spacious residential units, each offering 5 bedrooms and 1 full bath, providing tremendous rental income potential. The first floor consists of a large vacant commercial space that previously operated as a laundromat, offering endless possibilities for redevelopment, owner occupancy, or potential business use. Buyers are encouraged to perform their own due diligence regarding permitted uses and any prior grandfathered approvals.The entire property is delivered vacant, making it ideal for investors, business owners, or owner-occupants seeking flexibility and value-add potential.Conveniently located near schools, parks, shopping, public transportation, and major highways. sold strictly as-is.

Features of 523 Park Avenue

MLS® # 26026928
Price $799,000
Bathrooms 0.00
Type 5+ Mixed Use
Status Active

Community Information

Address 523 Park Avenue
City Paterson
County PASSAIC
State NJ
Zip Code 07504

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Asphalt

Additional Information

Date Listed June 17th, 2026
Foreclosure No
RE / Bank Owned No

Listing Map

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