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$899,000
5 Montclair Avenue, Paterson, NJ, 07503
6
Beds
5
Baths
Introducing this brand-new luxury 2-family home in South Paterson, offering a total of 6 bedrooms and 5 full bathrooms, including two identical units each featuring 3 bedrooms, 2 full baths, a spacious living room, dining room, and a private primary suite with its own bath, plus a ground-level studio with a full bathroom ideal for guests or rental income. This newly constructed property boasts modern finishes, an attached garage, and an unbeatable location just steps from local restaurants, the library, shops, and NYC buses perfect for those seeking comfort, convenience, and exceptional investment potential .Enjoy a low $3,000/year property tax rate under a 5-year tax abatement, making this an opportunity you don't want to miss.
Offered By
Mahmoud Ijbara, Gild Realty
Property Details
Property Type
2-4 Family
Status
Active
Bedrooms
6
Bathrooms (Full)
5
MLS #
26020563
LAUNDRY FEATURES
In Unit
Utility Features
Electricity Connected, Natural Gas Connected
ARCHITECTURAL STYLE
2 Family
Garage spaces
1
CITY
Paterson
COUNTY
PASSAIC
STATE
NJ
TAX AMOUNT
0.0
LATEST UPDATE
2026-06-03T20:47:17.157Z
PRICE CHANGE(S)
$899,000 Jun 3, 2026
Property Details
Property Type
2-4 Family
Status
Active
Bedrooms
6
Bathrooms (Full)
5
MLS #
26020563
New Properties On Market
34
100%
Increase In New Listings
Average Asking Price
$357,101
$290,569 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$411
Average Days On Market
2
11 Day
Decrease In Days On Market
Data as of Jun 04, 2026.
Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.
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Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
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