490 E 27th St, Paterson City, NJ

$499,000

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8

Beds

3

Baths

0.06

Acres

About 490 E 27th St

CALLING ALL INVESTORS, CONTRACTORS & VALUE-ADD BUYERS! Here's your opportunity to take a diamond in the rough and bring it back to life! This income-producing two-family fixer offers a strong value-add opportunity with a desirable layout, bonus finished walkout attic, and high-ceiling unfinished walkout basement. The first floor features 3 bedrooms, 1 full bath, formal living room, dining room, and kitchen. The second floor offers another 5-bedroom, 2-bath layout with the bonus finished walkout attic providing additional flexible space. The high-ceiling unfinished walkout basement with walkout access offers plenty of potential for storage, recreation, or future improvements. With two full residential units plus additional attic and basement space, this property offers an opportunity to renovate, improve, increase functionality, and potentially build equity. Whether you're looking for your next rehab project, rental property, or long-term investment, this property is ready for your vision and renovation plan. Bring your contractor, run your numbers, and unlock the potential! Close to NYC Transportation. Sold strictly As-Is. Buyer to conduct all due diligence regarding zoning, permits, existing use, renovations, and any potential conversion or finished-space opportunities.

Features of 490 E 27th St

MLS® # 4053235
Price $499,000
Bedrooms 8
Bathrooms 3.00
Full Baths 3
Acres 0.06
Year Built 1920
Type Multi-Family
Style 3-Three Story
Status Active

Community Information

Address 490 E 27th St
City Paterson City
County Passaic
State NJ
Zip Code 07514-1908

Amenities

Utilities Electric
Parking On-Street Parking
Has Pool No

Interior

Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Full, Unfinished, Walkout

Exterior

Exterior Vinyl Siding
Exterior Features Open Porch(es), Patio, Privacy Fence
Roof Asphalt Shingle

Additional Information

Date Listed September 16th, 2026

Listing Map

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