54 Bloomfield Ave, Paterson City, NJ 07503

$699,000
5
BD
2
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$699,000
MLS#
4031670
Dom
43
Year Built
1940
Status
ACTIVE
County
Passaic
City
Paterson City
Bedrooms
5
Bathrooms
2
Baths Full
2
Acres
0.11

Property Description

RARE BUILDABLE DOUBLE LOT opportunity in the heart of South Paterson. This renovated 2-family sits on an oversized 50x100 double corner lot with a private driveway and detached garage, a combination that is extremely hard to find in this area. What truly separates this property from others on the market is the additional development potential, including the possibility to build another 2-family or expand the existing structure (subject to buyer due diligence and municipal approvals), creating long-term upside for both investors and owner-occupants.Recent upgrades include brand new siding, brand new roof, brand new first-floor windows, and a newer furnace. The property offers two separate living spaces plus a finished basement with additional usable space, making it ideal for rental income or future value-add potential.In South Paterson, parking and land are everything, and opportunities like this rarely hit the market. Conveniently located just steps from Main Avenue, shopping, restaurants, public transportation, and major highways, this property offers strong appeal for both homeowners and tenants alike. Whether you're looking for a move-in-ready investment or a property with future expansion potential, this is a rare opportunity you do not want to miss. Private showings available now.

Additional Information

Taxes
$10,536
Cooling
1 Unit, Ceiling Fan
Exterior
Vinyl Siding
Garage Spaces
2
Garage Description
Detached Garage
Heating
1 Unit
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Corner
Garage Description
Detached Garage

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of THE HAMDAN GROUP, Contact: 973-798-4005

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.

Copyright 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Updated: