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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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54 Bloomfield Ave , Paterson City, NJ 07503
$699,000
Est. Payment: $3,557.36/mo
5 Bed
2 Bath
2500 Sqft
Status: active | Days on site: 43
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Susan Maryanski
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House 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.
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Highlights

Listed by HAMZA HAMDAN , MP THE HAMDAN GROUP , 973-798-4005. Garden State MLS

Property Type

Multi-Family
Lot/Acreage
0.11

Year Built

1940

County

Passaic

Listing ID

4031670

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:1 Unit,Ceiling Fan
Fireplaces:
Basement:Unfinished
Other:Public Water

Exterior Features

Lot:Corner
Lot Dimensions:50X100
Roof:Asphalt Shingle
Others:Vinyl Siding,2 Car Width,Blacktop
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$3,557
Taxes
$878

Home Price

$699,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,557.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,557.36 $878.00 $0.00 $4,435.36
Yearly $42,688.27 $10,536.00 $0.00 $53,224.27
Total $1,280,648.22 $316,080.00 $0.00 $1,596,728.22

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Paterson City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS